Dem senator: Trump exiting Paris deal will undermine U.S. credibility

"We believe climate change is real and the science is well accepted", GE's CEO Jeff Immelt said last month, offering a stark contrast to an administration that features prominent climate change deniers.

Under the Paris accord, almost 200 nations agreed in 2015 to voluntarily cut greenhouse gas emissions in a landmark agreement to fight climate change.

He then said that "climate change is a dagger aimed straight at the heart of New York City".

What is not yet clear is whether Trump plans to initiate a formal withdrawal from the Paris accord, which under the terms of the agreement could take three years, or exit the underlying United Nations climate change treaty on which the accord was based. Using data from the EPA, the American Enterprise Institute (AEI) discovered that U.S. Carbon dioxide emissions have fallen to their lowest levels since 1992.

"Climate change is not a fairy tale".

Trump has argued the climate deal would have a detrimental impact on the USA economy.

Both sides are committed to pursuing closer trade ties on paper, but European companies say they are finding it more hard to conduct business in China than before.

Environmental groups derided the Trump administration's reported decision.

Fighting climate change is a "global consensus" and an "international responsibility", China's prime minister Li Keqiang said. He previously stated that withdrawing from the accord reflects his "America First" policy.

Friends of the Earth's chief executive Craig Bennett said the organisation would campaign against any trade deal with the United States if it "turns its back on its global responsibility to tackle climate change".

Musk said on Twitter that he had done all he could to advise the White House on the deal signed in 2016 by 195 countries.

The decision, which will be announced this week, would put the USA at odds with almost every other nation on earth and will be a major break from worldwide partners that would isolate the United States in global efforts to curb global warming.

Obama touted it as the "best chance we have" to save the planet.

Rajoy and Modi agreed to boost bilateral cooperation in the field of combating climate change.

In a statement backed by all 28 EU states, the European Union and China will commit to full implementation of the Paris Climate Agreement, EU and Chinese officials said.

Advocates of the climate deal pressured Trump, who has changed his mind on large decisions before even after signaling a move in the opposite direction.

He will announce his decision in the White House Rose Garden at 3 p.m. Thursday, he tweeted.

Musk indicated that he had been trying to persuade Trump to remain part of the climate agreement.

The official has insisted on anonymity in order to discuss the decision before the official announcement.

Trump pledged during his presidential campaign to withdraw the US from the pact immediately after taking office, but had wavered on the issue since winning the election.

  • Zachary Reyes