Finance

Musk, Iger to quit Trump councils after Paris decision

Musk, Iger to quit Trump councils after Paris decision

"The White House's reckless decision to withdraw from the Paris Climate Agreement has devastating repercussions not only for the United States, but for our planet".

"Dear President Trump, as some of the largest companies based or operating in the United States, we strongly urge you to keep the United States in the Paris Agreement", the letter read.

What is all this talk about renegotiating?

Despite calls to leave, Musk said that keeping direct contact with the head of the U.S. was important to "accelerate the world's shift to sustainable energy and to help make humanity a multi-planet civilization".

A foreign ministry spokeswoman in Beijing said China planned to "earnestly implement" its obligations agreed in Paris.

The meeting between Chinese Premier Li Keqiang and top EU officials will end with a joint statement, backed by all 28 EU states, committing the European Union and China to full implementation of the Paris Climate Agreement.

Leonardo DiCaprio, who past year produced the environmental documentary "Before The Flood", slammed Trump's decision as "careless".

The decision to take the USA out of the pivotal global accord has prompted Tesla and SpaceX CEO Elon Musk to pull out of presidential councils that he was involved in.

In his first ever tweet, Goldman Sachs CEO Lloyd Blankfein called the decision a "setback" for the environment and for United States global leadership.

'Dealing with climate change is not only necessary, but it also offers global economic opportunities, ' said Rutte in a statement.

US defies world, says will quit Paris pact
Ivanka Trump , Jared Kushner and Secretary of State Rex Tillerson were among those who favored staying in the Paris agreement. MCEVERS: Now, how does this pullout actually work? LIASSON: Well, it - we can't pull out completely till November 2020.

Merkel on Friday vowed "more decisive action than ever" to protect the climate.

Trudeau vowed to continue working with USA states that support climate action "to drive progress on one of the greatest challenges we face as a world". "We find the problems, but we are working on them.Our ranking is getting better", he said.

"Because we are fully committed, because wherever we live, whoever we are, we all share the same responsibility: Make our planet great again".

The Tesla leader on Wednesday said he had done all he could to convince Trump to stay in the global deal, and had threatened to leave the advisory council if Trump chose to exit from the accord.

U.S. President Donald Trump refers to amounts of temperature change as he announces his decision that the United States will withdraw from the landmark Paris Climate Agreement, in the Rose Garden of the White House in Washington, U.S., June 1, 2017.

Venezuela and Argentina also denounced the decision.

Environment Minister Koichi Yamamoto also stated on June 2, "As environment minister and as an individual, I am very disappointed" with the US decision, which had come "just when the human species had finally achieved this level of wisdom".

It is nearly a matter of irrelevance that Trump also falsely claimed India was asking for billions of dollars in aid in return for conforming to Paris when, in fact, all such assistance is being allocated to least developed countries and some island states.

Juncker referred to a World Bank report placing China 78th of 190 countries in terms of the ease of doing business.


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