Published: Fri, June 02, 2017
Worldwide | By Gretchen Simon

United States buildings light up green in solidarity with Paris climate accord

Leaders of industry and business groups distanced themselves from the White House in the wake of Trump's decision.

Brussels and Beijing believe in "the full implementation, without nuances, of the Paris climate agreement", Juncker said, and underlined that there can be "no backsliding" on the pact.

In his speech, Li warned the world would become "a jungle" without multilateral rules, though he did not mention the Paris pact specifically.

He said European Parliament will take a series of actions in the future to ensure the increase.

China is the world's biggest greenhouse gas emitter, followed by the US.

"The decision of the United States is extremely regrettable - and I am expressing myself very reservedly", Merkel said. "To the contrary, Germany, Europe and the rest of the world will more determined than ever bundle their powers ... to successfully tackle these challenges".

"This agreement is less about the climate and more about other countries gaining a financial advantage over the United States", he claimed. "The Paris Agreement and taking strong action on climate change is good for future generations of explorers and is also good for our business", said James Rogers, senior sustainability manager of The North Face, in a missive that was typical of a deluge of corporate comments.

Hua spoke in Beijing as Chinese Premier Li Keqiang met with European Union leaders at a summit in Brussels where the two sides were expected to adopt a joint statement stressing their commitment to the Paris deal.

In 2015 when the Paris Agreement was signed, 117 mayors pledged to participate in emission-reduction efforts and new reporting standards for climate-change data.

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Trump announced his decision to withdraw from the accord of 197 countries -joining Syria and Nicaragua - late on Thursday night. And in his first tweet ever, Goldman Sachs CEO Lloyd Blankfein noted, "Today's decision is a setback for the environment and for the U.S.'s leadership position in the world".

The Democratic governors of New York, California and Washington states formed a quick alliance, vowing to respect the standards agreed on under the Paris deal.

Moreover, governors of New York, California and Washington - individual USA states that collectively represent the fifth largest economy in the world - along with 12 major US major cities have pledged to pursue policies that will help their cities and communities meet the Paris Agreement's goal of keeping global temperatures from rising another 2 degree Celsius.

On Thursday, there was no shortage of businesses willing to state their support of the Paris Agreement.

Robert Murray, chief executive of Murray Energy applauded President Trump's "steadfast leadership, and his delivery on this important campaign commitment".

A dozen large companies including oil major BP, agrochemical giant DuPont, Google, Intel and Microsoft had urged Trump to remain in the deal.

"Climate change is real".

China and the United States, the world's first and second biggest polluters respectively, are together responsible for some 40 percent of the world's emissions and experts had warned it is vital for both to remain in the Paris agreement if it is to have any chance of succeeding.

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