Mayors come out against Trump's Paris catastrophe

Under Armour founder and CEO Kevin Plank joined a growing chorus of corporate executives criticizing President Donald Trump's decision to withdraw the United States from the Paris climate agreement.

German Chancellor Angela Merkel pledged "more decisive action than ever" to protect the climate after the United States pullout from the landmark Paris accord.

Mr Trump has previously described climate change as a hoax by the Chinese to damage USA manufacturing. "We need action", Bloomberg said. "We in Germany, in Europe and the world will band together to take more decisive action than ever to confront and successfully surmount major challenges to humanity such as climate change", she told reporters. The decision was a sweeping step that fulfills a campaign promise while acutely dampening global efforts to curb global warming.

As the Mayor of Pittsburgh, I can assure you that we will follow the guidelines of the Paris Agreement for our people, our economy & future.

Numerous companies, cities, and even states have vowed to uphold the commitment to the Paris Accord despite the President's decision.

The deal, signed by former President Barack Obama and the leaders of 195 other nations, aimed at reducing greenhouse gas emissions to combat global warming.

In a phone call with the United States president shortly after his White House announcement, the Prime Minister stressed that the United Kingdom remained committed to the 2015 agreement, which aims to limit the rise in global temperatures caused by the use of carbon-based fuels by 2C.

CEOs of 30 major corporations, including Bank of America, Dow Chemical, General Electric, Goldman Sachs and JP Morgan Chase, wrote an open letter to Trump in a full-page ad in the Wall Street Journal in May expressing their "strong support" for the USA remaining in the Paris climate agreement.

The architects of the Paris agreement included Christiana Figueres, who until recently led the UNFCCC. Russian President also said that Trump's promise to negotiate new conditions for the U.S. leaves hope for reaching a compromise on the Paris deal before it takes effect in 2021. "As a business leader concerned with creating American jobs, I disagree with the decision to exit the Paris Accord".

Mr Macron issued an appeal to American climate change scientists, engineers and entrepreneurs to come to France to continue their work.

The cost of a barrel of crude slumped 2.4 percent, or $1.18, to $47.18 in electronic trading in NY on Friday, hours after Trump said the US would immediately stop implementing the Paris deal.

Monier said that no one from the Trump administration contacted the group to provide an opportunity to discuss or explain their findings.

  • Leroy Wright