Quitting Paris accord likely won't impact many US companies

Pittsburgh, however, isn't sticking with him - at least not on climate change.

Visiting Premier Li Keqiang and top European Union officials agreed on a joint statement after their meeting in Brussels that was backed by all 28 European Union states and committed the bloc and China to full implementation of the 2015 Paris climate agreement.

Paul Bailey, the president of the coal lobbying organisation American Coalition for Clean Coal Electricity, said the standards set by the treaty, which was signed by former US President Barack Obama, were too strict.

The US president believes that by withdrawing from the deal regarding the reduction of greenhouse gas emissions, he can strike up a better deal for his great country.

Donald Trump and his staff are really in love with this whole "Pittsburgh, not Paris" alliteration thing they've got going on.

The European Commission, the EU executive, described the US pullout from the pact to fight the dangers of global warming and signed by more than 190 countries, as a sad day for the global community, but said it would seek new alliances.

Theresa May has denied she is subservient to Donald Trump amid claims she did not protest enough about the U.S. leaving the Paris climate accord.

Others stayed on the advisory board that includes representatives from the largest and most important companies in the country - but with lukewarm support for the president's action.

Trump said during his speech on Thursday that the Paris Climate Accord was "the latest example of Washington entering into an agreement that disadvantages the United States". "This is more about the diminishing of American leadership and credibility than about the rise of others - yet".

"I will work to ensure that America remains the world's leader on environmental issues, but under a framework that is fair and where the burdens and responsibilities are equally shared among the many nations all around the world", Trump said.

A number of figures from US industry expressed their dismay at Trump's move. While Deputy Prime Minister Arkady Dvorkovich said he did not think Trump's decision would prompt Russian Federation to rethink its own stance, the Kremlin suggested the withdrawal could be fatal to the pact.

"The President has already said climate change is a hoax, which is the exact opposite of virtually all scientific and worldwide opinion", the statement reads. "It puts us on the right path to keep warming under 3 C, but even under the same level of commitment of the Paris agreement after 2030, our study indicates a 95 percent probability that the world will warm by more than 2 C by 2100", he added. A United States withdrawal had been on the cards, but there was hope among those backing the deal that Trump would change his mind at the eleventh hour.

  • Leroy Wright