04 June, 2017
But the national targets are voluntary, leaving room for the US and the almost 200 other countries in the agreement to alter their commitments. The study, commissioned by a pro-industry group, projected the sharpest declines in coal, cement, and iron and steel, and the loss of 440,000 manufacturing jobs. He said participating in the pact would undermine the U.S. economy, wipe out jobs, weaken national sovereignty and put his country at a permanent disadvantage.
Trump vowed to stand with the American people and said the accord imposed "draconian financial and economic burdens" on the U.S.
"In fact, the president said yesterday that Paris represents a bad deal for this country".
And twice as many American voters work in the solar energy industry than in coal.
"The Paris Agreement provides the right global framework for protecting the prosperity and security of future generations, while keeping energy affordable and secure for our citizens and businesses", May told Trump by phone, it said in a statement.
Tech firms are among the nation's biggest electricity users.
Some corporations that had supported the Paris agreement were quick to signal that Trump's decision would not change their plans. The optimistic view of the future is that it'll take a few years (as long as four) for the complete United States withdrawal from the accord and within that time they will realise their error (or, they will become left so far behind and that it will not matter as much). The company reiterated its support for various climate pledges, and it boasted about its Chevrolet Bolt EV, an electric vehicle priced under $30,000.
Bypassing the federal government, he appealed directly to United States citizens disappointed by Trump's action to work with France on "concrete solutions" to climate change.
Former President Barack Obama, who played a key role in negotiating the deal, accused Trump of "rejecting the future".
As for the US policy, General Motors and Ford issued separate statements that the Trump decision may do little to modify their plans for current and future electric vehicles.
USA stocks closed at fresh highs on Friday.
The pact was "very unfair" to the United States and beneficial to other major polluters like China and India, the president claimed.
Responding to Trump's pointing to his city, Pittsburgh, Mayor Bill Peduto called the decision "disastrous for our planet, for cities such as Pittsburgh", and a step that "has made America weaker and the world less safe". "And perhaps most important, new coal plants in the United States aren't economically feasible right now, due to lower costs of other forms of energy", Robertson said. Natural gas companies hope Trump will invest in infrastructure to make it easier to ship excess supplies of natural gas worldwide. That seems to be the Trump administration's view as it continues scrubbing references to climate change from government websites.
The Washington Post noted in a story before Trump's decision that the USA would join Syria and Nicaragua as the only countries not part of the Paris climate change agreement. Dutch Environment Minister Sharon Dijksma called the US decision "a historic mistake". The president made a very informed, and I think thoughtful and important decision for the country's benefit. Airlines have been spending billions on new, more fuel-efficient planes - fuel is an airline's second-biggest expense after labour. Trump said. "We don't want other leaders and other countries laughing at us anymore". It shows that no matter what the president does, the country is moving towards cleaner sources of energy, " said Jeff Tittel, director of the New Jersey Sierra Club, which was celebrating the closures. A try by the Obama Administration for a 2009 Copenhagen climate deal similar to Kyoto went nowhere as the world faced a global recession.