Leaving climate deal likely wouldn't add US jobs

Tesla CEO Elon Musk said he would leave President Donald Trump's advisory councils if the United States withdrew from the Paris Agreement.

The European Union and China are working on a joint declaration reaffirming their commitment to climate and energy policy and the implementation of the Paris agreement, according to an EU official with knowledge of the plans.

"The largest outcome is really lost economic opportunity for the United States because this has become a core industry in many countries ironically including in the United States", said Kammen, "There's a real way this puts a brake on the clean tech sector, right at a time when the rest of the world is doubling or tripling down on these technologies".

"It could potentially harm USA businesses who are trying to compete with businesses from other countries in the exploding global market in renewable energy", Light told ABC News.

Other European leaders issued more explicit appeals to the US government not to abandon global measures against climate change.

The Paris Agreement entered into force on November 4, 2016 - so this means the U.S. would have to stay with it until November 2019.

Scientists have said a US withdrawal from the deal could speed up the effects of global climate change, leading to heat waves, floods, droughts, and more frequent violent storms.

Under the Paris accord, almost 200 nations agreed in 2015 to voluntarily cut greenhouse gas emissions in a landmark agreement to fight climate change.

Former US president Barack Obama and the Chinese leadership were instrumental in building momentum toward the climate deal.

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U.S. President Donald Trump has further delayed his decision on the Paris Climate Accord, saying that he will make his decision over the next few days.

Trump's top aides have been divided. A 2001 study by Eli Berman and Linda Bui, both then at Boston University, found "no evidence that local air quality regulation substantially reduced employment" when Los Angeles imposed stricter environmental restrictions.

USA allies rallied behind the Paris accord on Wednesday.

Michael Brune, the Sierra Club Executive Director, says local and state community leaders, non-profits and private companies will need to do more if the President decides to withdraw from the accord. "My goals are to accelerate the world's transition to sustainable energy and to help make humanity a multi-planet civilisation, a outcome of which will be the creation of hundreds of thousands of jobs and a more inspiring future for all".

Some executives from coal companies have weighed in, arguing the USA should stay in with reduced emissions cuts targets, with an eye toward ensuring that Washington keeps some influence over the future of the global energy mix.

The president tweeted Wednesday that he would make his decision soon. Accordingly, they are increasingly investing more in green technology. "Businesses that are into this are into it for the long haul".

Cohn said Trump was "leaning to understand the European position" on the climate pact. These efforts are also meant to support developing and vulnerable countries while being in line with their national objectives. The organization's main Twitter page quoted Secretary-General Antonio Guterres as saying, "Climate change is undeniable". Drought and water shortages could sap growth.

"It would be taken as a statement that climate change is not a problem, not real".

Pomerance says climate change is an "existential threat to Florida".