The world will sleep better tonight as President Obama has achieved the impossible – thwarted the world's greatest threat. With today's ratification of The Paris Climate Accord – passing a threshold among European nations – the scourge of global warming has met its match.
As Reuters reports, a global agreement to combat climate change by shifting the world economy away from fossil fuels will take force next month after passing a threshold for ratification on Wednesday with support from European nations.
Support for the Paris Agreement has widened to nations representing 56.75 percent of world greenhouse gas emissions, above the 55 percent needed for implementation, a U.N. website showed. The deal will formally start in 30 days.
European Union countries including Germany, France and Slovakia, which have completed domestic ratification, helped trigger the formal entry into force after a green light from the European Parliament on Tuesday.
The agreement, reached in December 2015, already has support from other major emitters led by China, the United States and India. In total, 72 countries out of 195 have ratified the agreement, according to the U.N. website.
Obama needs a win for his legacy… and a distraction… So cue victory lap.
Live Feed (due to speak at 1530ET):
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