Global leaders and business heads react to Trump's Paris pullout

"Mayors, governors and business leaders from both political parties are signing onto a statement of support that we will submit to the United Nations - and together, we will reach the emission reduction goals the U.S. made in Paris in 2015", said Bloomberg. May noted that Japan and Canada - fellow members of the G-7 group of rich industrialized nations - also were not signatories, but like Britain remain committed to the Paris agreement.

However, less than two years later, the future of the Paris Accord is now shrouded in uncertainty after US President Donald J. Trump officially stated that the US would pull out of the agreement.

"We are grateful to Bloomberg Philanthropies for this generous contribution", UNFCCC Executive Secretary Patricia Espinosa said in a news release about the funding pledge. He stocked his Cabinet with business leaders, suggested to Silicon Valley chieftains there was an open line to his office - "You'll call my people, you call me".

European Commission President Jean-Claude Juncker said China agreed with the EU on the "unhappiness" about America's unilateral decision to abandon the climate agreement.

Closer to the US, Enqrique Peña Nieto, the President of Mexico stated, "Mexico maintains its support and commitment to the Paris agreement to stop the effects of global climate change". Pruitt, who has previously been called a climate change skeptic, defended his own views when asked about them during the briefing. "The recent announcement by the U.S. administration on its withdrawal ... is regrettable". They asked White House advisor Kellyanne Conway during a television appearance Friday morning.

In an interview on CNBC on Friday, Cohn said the move was part of the administration's efforts to boost USA economic growth and help companies by increasing demand for us goods, along with other efforts targeting regulations, taxes and infrastructure.

Hal Brands, a professor of global affairs at JHU's School of Advanced International Studies, is among 18 co-authors on a Foreign Policy article stating that "the decision will have serious, irreversible repercussions for the United States and the world".

"The decision is based on last century's economics and will turn the U.S. into last century's economy", Andrew Steer, president of the World Resources Institute (WRI) think-tank, predicted.

The issue could resurface later this month when, according to an administration spokesman, the White House plans to hold a June 19 meeting with technology leaders.

Referring to "the latest unfortunate decisions of the new administration", Tusk said that the European Union and China had "demonstrated solidarity with future generations".

But Britain did not sign a joint statement by the leaders of Germany, France and Italy, who said they regretted Trump's decision and insisted that the accord can not be renegotiated.

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