Merkel Says US Withdrawal From Paris Climate Deal 'Very Regrettable'

"This agreement is less about the climate and more about other countries gaining a financial advantage over the United States".

Meanwhile, many Trump supporters and conservative commentators expressed amusement (or delight) at the intensity of the reaction against Trump's decision. The three leaders also called the climate agreement "a cornerstone in the cooperation between our countries, for effectively and timely tackling climate change".

Headed by billionaire and former New York Mayor Michael Bloomberg, Bloomberg Philanthropies announced that it would commit as much as $15 million to support United National Framework Convention on Climate Change and, in particular, the Paris Agreement.

With some USA cities and states immediately voicing support for the Paris deal following Trump's announcement, it is unlikely that the country as a whole will see zero implementation of the pact in real terms.

Mark Zuckerberg, founder and CEO of Facebook echoed the same sentiments, saying "Withdrawing from the Paris climate agreement is bad for the environment, bad for the economy, and it puts our children's future at risk". He said his administration would begin talks either to re-enter the Paris accord or to have a new deal with better terms for the United States.

Meanwhile, both India and China has made it clear that it will not pull out of the Paris Climate deal, despite USA exit.

He made the promise on the campaign trail. They also encouraged "all our partners to speed up their action to combat climate change".

Trump made the announcement Thursday and said under the Paris Agreement, the USA could lose almost 3 million jobs by 2025 and pay billions to a global climate fund.

A top atmospheric scientist at the U.N.'s weather agency said Friday that the "worst-case scenario" caused by the planned USA pullout from the Paris climate deal would be a further 0.3-degree Celsius (0.5 Fahrenheit) rise in global temperatures by 2100. China, which has overtaken the United States to become the world's largest greenhouse-gas emitter, has said that it will continue to uphold its Paris pledge.

Under the agreement, for which the United States' participation was a crucial element, nations submitted emissions targets, which are voluntarily enforced.

"I think it's very hard to fill the American shoes here", says David Victor, a climate-policy expert at the University of California, San Diego. German Chancellor Angela Merkel, French President Emmanuel Macron, and Italian Prime Minister Paolo Gentiloni issued a statement declaring that the deal is "irreversible" and "cannot be renegotiated", Time reported.

A recent survey by Yale found that the majority of Americans in every state across the country were in favour of the Paris agreement, with that number of those in favour working to roughly seven in ten.

  • Salvatore Jensen