President Donald Trump and Norway's prime minister bonded over economic ties and military might on Wednesday as the two leaders joined together for talks expected to focus on security issues and jobs.
In a rambling and barely coherent defence of his decision to withdraw the United States from the Paris Climate Agreement, President Donald Trump has opened the door to the possibility the United States "could conceivably go back in" to the Agreement.
The Paris agreements 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. It made it very hard for us to deal in terms of business.
In June, Trump announced his decision to withdraw the USA from the Paris agreement, making the country the only one that has pulled out of the accord.
"It put great penalties on us", he said about the agreement. "It took away a lot of our asset values", he said of the pact that includes every other nation in the United Nations.
Observers were quick to point out that the Paris Agreement allows countries to set their own climate action plans and contains no formal penalties for nations that fail to meet any self imposed targets. "According to some estimates, we would have had to close businesses in order to qualify by 2025".
"We could conceivably go back in", Trump said. "China, by 2030-they don't kick in until 2030", he said as an example.
During the briefing, Trump appeared to stress that his administration is "very strong" on the environment.
New York City said the lawsuit against BP, Chevron, ConocoPhillips, Exxon Mobil and Royal Dutch Shell would help fund protection against climate change.
"The Paris accord really would have taken away our competitive edge, and we're not going to let that happen", he said.
He also said during the presidential election campaign that he wanted to help USA oil and coal industries.
She did note that green policies can lead to business opportunities, and noted that the U.S. company Tesla was selling many electric cars in Norway.
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