The Paris Climate accord's premise is wealth distribution and it would not even have much of an impact on Earth's climate, ClimateDepot.com founder Marc Morano said.

During an interview with Newsmax TV's Steve Malzberg, Morano discussed the climate change agreement that President Donald Trump is reportedly leaning toward withdrawing the U.S. from.

"You wouldn't even be able to measure the impact using the UN assumptions. This is according to a peer-reviewed paper by a statistician called Dr. Bjorn Lomborg," Morano said.

"The UN has actually admitted the real reason for the treaty. They said this is not even environmental policy anymore, we will redistribute wealth by climate policy. That's what they want, a $100 billion a year slush fund going to governments that are best able to keep your people locked in poverty.

"This is all about social engineering, central planning, redistribution of wealth, and empowering UN bureaucrats."

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Morano noted that if Trump decides to pull the U.S. out of the agreement, Canada, Australia, and countries in eastern Europe may follow suit.

"This is a wonderful ripple effect that could happen," Morano said. "As long as no one talks Trump out of this in the final hours."