In June, Trump withdrew the US from the Paris Agreement on climate change and decided to renegotiate the deal that was agreed upon by over 190 countries during the previous Obama administration.
Defending his decision to withdraw from the Paris Agreement on Climate Change, Trump said his primary concern with the Paris climate accord was that it treated the US unfairly and that if a better deal could be reached, Washington might be persuaded to rejoin.
"Frankly, it's an agreement that I have no problem with, but I had a problem with the agreement that they signed, because, as usual, they made a bad deal," Trump told a news conference with Norwegian Prime Minister Erna Solberg.
"So we could conceivably go back in," Trump said, stressing his administration's commitment to environmental issues, "clean water, clean air", but added "we also want businesses that can compete".
The Paris agreement's central aim is to strengthen the global response to the threat of climate change by keeping the global temperature rise in this century well below 2 degrees Celsius above pre-industrial levels and to pursue efforts to limit it to 1.5 degrees Celsius.
The landmark agreement, which entered into force last November, calls on countries to combat climate change and to accelerate and intensify the actions and investments needed for a sustainable low carbon future, and to adapt to the increasing impacts of climate change.
According to some estimates, the US would have had to close businesses in order to qualify by 2025. Whereas as an example China, by 2030, they don't kick in until 2030.
Trump insisted that his administration feels very strongly about the environment.
"I feel very strongly about the environment. Our EPA (environment protection agency) and our EPA commissioners are very, very powerful, in the sense that they want to have clean water, clean air, but we also want businesses that can compete," he said.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
