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US formally withdraws from the Paris Agreement as the country awaits election results
Renewable Energy World: Wednesday, November 4 marks the day that the United States formerly exits the Paris Climate accord. President Trump last year announced that the country would withdraw from the agreement, which saw countries around the world set carbon reduction targets. After an announcement is made to withdraw, it takes a year for it to go into effect, which is why today marks the formal exit.
The central aim of the agreement is to keep global warming under 2 degrees Celsius. By ratifying the accord, countries agree to publicly submit plans for how they will cut carbon emissions.
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