President Donald Trump says the US will immediately cease 'all implementation' of the Paris climate change accord standards.
"The United States will withdraw from the Paris Climate Accord but begin negotiations to re-enter either the Paris Accord or really an entirely new transaction on terms that are fair to the United States," the president said in the Rose Garden. "So we are getting out but we are starting to negotiate and we'll see if we can make a deal that's fair."
All implementation of the non-binding portions of the agreement will cease to be enforced by the United States, he said.
The decision fulfills a key promise Trump made on the campaign trail and overturns a major accomplishment by his predecessor, Barack Obama.
The accord, which is sponsored by the United Nations, aims to slow the globe's rising temperature. Under Obama, the United States committed to cutting its carbon emissions by 26 percent to 28 percent from 2005 levels by 2025.
Here's a guide to what's in the Paris agreement, what's going on with global warming, and what might happen if the rest of the world keeps fighting man-made climate change and the U.S. stays partially or completely on the sidelines.
Complete coverage of Trump's announcement on Channel 2 Action News starting at 4 p.m.
WHAT IS THE PARIS AGREEMENT TRYING TO DO?
The 2015 agreement aims to prevent the Earth from heating up by 2 degrees Celsius (3.6 degrees Fahrenheit) since the start of the industrial age.
But the world has already warmed about 1.1 degrees Celsius (2 degrees Fahrenheit) since the Industrial Revolution, so this is more about preventing an additional 1.6 degrees Fahrenheit of warming.
HOW?
Each nation submitted its own goals for curbing heat-trapping emissions. Those pledges added up to preventing 117 billion tons of carbon dioxide from being put into the air by 2030, analysts calculate.
The U.S. set a target for reducing greenhouse gas emissions by 2025 at 26 to 28 percent below 2005 levels - or about 1.6 billion tons of annual emissions. A study last year in the journal Nature Climate Change said America will probably only reach four-fifths of that goal.
For China, the No. 1 polluter, having overtaken the United States, the goal was for emissions to peak by 2030 and then start dropping, reducing the amount of carbon pollution per person to about 60 percent of 2005 levels. Some recent signs show that Chinese carbon emissions may have already flattened out, a decade earlier than expected. China accounts for nearly one-third of the pledged reductions.
The Paris accord was agreed upon by 197 countries and so far has been ratified by 147 parties, which includes the European Union. That put the deal in effect.
The goals are voluntary. There is no climate court. All that's required is a plan and reporting on progress toward the plan.
WHAT ARE THE U.S. OPTIONS?
The U.S. could stay in the agreement and work toward fulfilling its pledges. It could stay in the accord and not hit its goals. It could stay in the pact and change its target, probably by lowering it. Or it could pull out of the agreement altogether.
It takes at least a year and possibly up to 3½ years for a nation to withdraw from the pact.
No matter what the U.S. does, the Paris agreement remains in effect.
THE SCIENCE
The world is warming, with the last three years the hottest on record. This year is on track to be the second-warmest, behind 2016.
Sea levels are rising. Sea ice in the Arctic is at record low levels. Glaciers worldwide are melting, as are parts of Antarctica. Plants and animals are changing in their growing and migration habits because of shorter and milder winters. Extreme weather in many places has increased.
All but a very few scientists say the overwhelming majority of warming is man-made, as do dozens of scientific academies and professional societies. Scientists have known since the 19th century that burning coal, oil and gas spews carbon dioxide into the air, which then acts like a blanket to trap heat on Earth.
Carbon dioxide stays in the air for 100 years, and about one-fifth of what has accumulated in the atmosphere came from the U.S., more than any other country.
WHAT WILL HAPPEN WITHOUT U.S. COOPERATION?
The Associated Press interviewed dozens of scientists and consulted computer simulations, and they say without the U.S. pledges, the dangerous 2-degree rise is nearly inescapable.
But they also say that even with the U.S. doing its share, preventing that warming is going to be unlikely and will require even more cuts than contained in the Paris agreement.
University of Oklahoma meteorology professor Jason Furtado said blowing past the 2-degree mark would be a potential "tipping point" that would lead to "a new and irreversible state in the climate system."
One computer simulation - one that many other scientists say is too much of a worst-case scenario - calculates that if the U.S. increases carbon dioxide emissions and the rest of the world hits its targets, America's added carbon pollution will be responsible for about half a degree of warming (0.3 degrees Celsius).
Other scientists look at market forces and see the United States still cutting emissions because the nation is already shifting toward cleaner fuels such as cheaper natural gas, solar and wind. Solar power employs more people in the U.S. than coal.
"The U.S. pulling out of Paris will not stop the fight against global warming, since almost all other countries are committed to it," said German climate scientist Stefan Rahmstorf. "But it could delay it and any delay could be detrimental, as stopping global warming before critical tipping points are crossed is a race against the clock."
The Associated Press and ABC News contributed to this article.