The European Union industry Council (Cefic) has reaffirmed its support and commitment to the Paris agreement to tackle global climate change despite the United States of America President Donald Trump’s decision to fallback from the deal.
President Trump aforesaid that the United States of America can withdraw from the 2015 international agreement, claiming that the platform can weaken the economy, cut back jobs, have an effect on the national sovereignty, reportable Reuters.
Celfic noted that the european chemical CEOs publically supported the deal once it had been signed and can still voice its support for the globally binding agreement.
The council declared that the EU industry through continuing innovations will support the long run low-carbon economy.
The Paris agreement provides the industry a versatile framework to hold out business activities, whereas maintaining global climate change.
Alongside Celfic, the american Chemical Society (ACS) conjointly expressed its disappointment because the United States of America determined to retreat from the agreement and conjointly give a proper request to the administration to rethink its call.
In 2015, the Paris climate accord was signed by 197 countries and sanctioned by 147 to scale back greenhouse emissions, its mitigation adaptation and finance.
“America ought to still take the lead in addressing international greenhouse emissions and become a pacesetter in property energy production and technology.”
ACS director and chief executive officer Thomas Connelly Junior said: “Climate modification represents a true and current threat to our economy, health and welfare.
President Trump conjointly declared that his administration can begin negotiating to go in the Paris accord on new terms or to possess an entire new agreement.
The United States of America decision drew criticism and disappointment from major economies and sectors across the planet.