Britain and Canada, meanwhile, announced a new alliance aimed at encouraging countries to phase out the use of coal to curb climate change.
Among others, the Global Alliance to Power Past Coal also includes Finland, France, Italy, Mexico, New Zealand and several US states and Canadian provinces.
In closing remarks to the conference working out the technical details of the Paris climate accord, which aims to keep global warming significantly below 2 degrees Celsius, the US State Department's Judith Garber said "we remain open to the possibility of rejoining (the Paris climate deal) at a later date under terms more favorable to the American people."
"We remain collectively committed to mitigating greenhouse gas emissions through, among other things, increased innovation on sustainable energy and energy efficiency, and working toward low greenhouse gas emissions energy systems," she said.
Although Garber's comments weren't unexpected, her tone appeared more conciliatory. The United States was largely isolated in its rejection of the Paris accord at the talks in Bonn, Germany, which are expected to end today.
While coal-fueled power stations are considered one of the biggest sources of carbon dioxide that's heating up the Earth's atmosphere, countries such as Indonesia, Vietnam and the United States are planning to expand their use of coal in the coming years.
Even Germany and Poland, hosts of climate talks this year and next, are holding onto coal for the foreseeable future.
Garber did not mention the use of coal, but said as countries strive to reduce greenhouse gas emissions, each "will need to determine the appropriate energy mix based on its particular circumstances, taking into account the need for energy security, promotion of economic growth and environmental protection."
In a private initiative announced yesterday, Storebrand, a Norwegian investment fund that manages assets worth over USD 80 billion, said it would pull investments from ten companies over their involvement in the coal sector.
The companies affected include German energy company RWE, Poland's PGE and Eskom Holdings of South Africa.
Storebrand said it hopes the much larger Norwegian Sovereign Wealth fund, which holds USD 1 trillion generated from the country's sale of oil, will follow its divestment decision.
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