Published: Fri, June 02, 2017
Sci-tech | By Carrie Guzman

Trump's climate decision comes under fire from business leaders

Many in the coalition are concerned about how the effects of climate change, including rising seas, could affect their coastal cities, agriculture and ecosystems.

In a statement Thursday, former President Barack Obama suggested that California and like-minded states could benefit from an agreement that Trump has now rejected.

The US Chamber of Commerce, a business lobby that had long criticized the prior Obama administration's energy policies, said had it had not taken a position on the Paris Agreement but favored policies that both promoted energy production and protected the environment.

"I accepted the invitation to serve on the President's CEO Forum because I believe I can contribute to the policy dialogue in Washington and serve as a voice for investors", Fink said in a statement. But with the world's sixth largest economy and a thriving tech sector, California hopes to hold together some of the worldwide alliances now frayed by Trump's decision.

She denied it showed she is subservient to Mr Trump, and said she had made it clear in her telephone call on Thursday night that the United Kingdom continues to support the agreement and the Government wanted the USA to remain in the deal.

The three states already belong to an emissions reduction pact of states and cities worldwide, but Thursday's action marked a direct stand against the Trump administration and a formal commitment to upholding the targets of the Paris agreement.

Musk has met with Trump several times and spoken with him about the long-term goal of his company SpaceX for flights to Mars carrying humans.

But she faced fierce criticism for failing to add her name to the joint statement by President Emmanuel Macron, Chancellor Angela Merkel and Prime Minister Paolo Gentiloni. However, he noted the importance of an agreement that recognizes climate change.

The auto maker said last night that despite the withdrawal it "will not waver from our commitment to the environment".

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"It is truly shocking that the United States, once proud to have been a leader on multilateral issues, has withdrawn from the Paris Climate Agreement which was negotiated by over 190 world leaders, over decades, in the interests of all people and the planet", she said.

And the response from fossil fuel groups with the most to gain from a relaxation of United States carbon emissions standards was muted.

Brussels-based lobby group BusinessEurope said in a comment that while Trump's decision was "a severe setback for the global efforts to protect our climate, ... moving backwards on climate protection is not an alternative".

Murray Energy, a coal mining company based in OH, applauded the move, describing it as an important part of the Trump administration's broader environmental agenda.

"I refuse to accept the premise that the United States or the world is better off when we refuse to lead or even join the struggle against this global threat", he said.

A number of its members, including Exxon Mobil and ConocoPhillips, had publicly supported the deal.

"Trump's decision to ditch the Paris deal will leave a fairly big shoe for a single country to fill", Xinhua said, adding that major players such as China, the European Union and India had reiterated their willingness to step up efforts.

According to a press statement from the United Kingdom prime minister's residence, 10 Downing Street, Trump called May after announcing his decision.

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