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EU, China believes Trump climate decision 'a big mistake — EU chief

The price of oil has fallen sharply as investors bet that President Donald Trump's decision to pull the United States out of the Paris climate agreement will increase the country's oil and gas production.

Global leaders and scientists are saying jobs can be created in green technology, which will give the China the edge.

Twenty-nine USA states have adopted renewable portfolio standards, which requires them to sell a specified amount of renewable electricity, according to the National Conference of State Legislatures. The U.S. only sources about 13 percent of its electricity from renewables. They both appeared on Fox News' "Fox & Friends". The ACLU is calling it an "assault on communities of color", for some reason, and environmental activist Tom Steyer says it's a "traitorous act of war against the American people".

Hendricks said the absence of $500 million contributions from the United States to the Green Climate Fund will be felt from 2018, but suggested the gap could be filled with "other financing mechanisms, for example through the World Bank".

More intense was the debate within the White House itself.

"President Trump may not wish to carry the mantle of responsibility to our planet, but we can still do our part", Mitchell said.

"We've said we know this matters to you a lot, we know this is a huge potentially epic issue for the world, we know that some of you are particularly vulnerable, but we drop out".

In hard talks leading up to the December 2015 accord, other countries often yielded to US positions so that the world's biggest economy wouldn't walk away, as it did from the previous climate deal, the Kyoto Protocol. "But begin negotiations to reenter the Paris accord or an entirely new transaction on terms that are favourable to the United States, its businesses, its workers, its workers, its taxpayers. We're supposed to get rid of ours", the President said, adding that the agreement "is less about the climate and more about other countries gaining a financial advantage over the U.S". "I will go with the future generations", adding, "We must leave for our future generations a climate wherein they can breathe clean air and have a healthy life". By abandoning the world's chief effort to slow the tide of planetary warming, Trump was fulfilling a top campaign pledge after weeks of building up suspense over his decision.

Update: A previous version of this study misidentified a White House staffer as being in favor of exiting the Paris agreement.

The U.S. might have walked away from the Paris Agreement, but that doesn't mean all its cities and states will do the same.

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Meanwhile, Pruitt, who has publicly questioned the science of global warming and who since taking office has systemically deconstructed numerous United States' environmental regulations and protections, took pains to frame Trump's withdrawal from the global accord as something done in the interest of the environment.

A third reporter tried once more time to corner Pruitt by pointing out that the EPA administrator should probably be able to tell the American people whether the president believes in climate change. But the national targets are voluntary, leaving room for the USA and the almost 200 other countries in the agreement to alter their commitments. He insisted the USA should be proud of its "terrific record" in cutting greenhouse gas emissions, even before the Paris pact took effect late previous year. His administration must have missed the fact that the mayor of Pittsburgh, Bill Peduto, on Thursday reaffirmed his city's support for the Paris accord.

"I'm appalled that the president used my city to justify his unacceptable decision, as most other Pittsburghers are", the mayor said in a statement. Our nation's leading companies, like Facebook and Apple, have condemned Trump's move as bad for business and bad for the planet.

The United States was one of 195 nations that agreed to the accord in Paris in December 2015.

A study mentioned by Trump estimated that if the USA meets its Paris goal for reducing carbon emissions it will cost 2.7 million U.S.jobs by 2025.

'Foreign leaders in Europe, Asia and across the world should not have more to say with respect to the USA economy that our own citizens and their elected representatives, ' Trump proclaimed.

May's office says she spoke to President Donald Trump after his announcement and "expressed her disappointment with the decision".

"The outlook for US energy production will be determined far more by market conditions, like the price of oil and gas, than by scrapping the Obama-era environmental regulations", Bordoff said.

"China will be allowed to build hundreds of additional coal plants..."

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