Sean Spicer: Trump will not announce Paris climate decision until after G7

President Trump has threatened to pull the plug on USA involvement of the Paris Agreement ahead of the G7 Summit in Italy later this month, spurring major companies to speak out in support of continued climate change efforts.

Former president Barack Obama, meanwhile, had endorsed Mr Macron in a video message uploaded online.

The Paris agreement is an worldwide accord entered into by more than 100 developing countries pledging to cut greenhouse gas emissions.

Pruitt, the United States government's leading environmental official, has rejected the scientific consensus that humans are the "primary contributor to the global warming that we see". His top officials have appeared divided about what to do about the deal, under which the USA pledged to significantly reduce planet-warming carbon emissions in the coming decade.

The President's influential daughter, Ivanka Trump, who is the Assistant to the President, Defence Secretary James Mattis and former Exxon boss Rex Tillerson, now Secretary of State, are all believed to be in favour of the U.S. remaining a signatory.

President Trump said on the campaign trail that he wanted to cancel the accord and blamed global warming on a plot by the Chinese to try to disrupt American manufacturing. The groups argue that the US might consider withdrawing from the United Nations' Framework Convention on Climate Change, a 1992 Senate-ratified treaty that is the foundation for subsequent United Nations climate deliberations, including the Paris agreement.

In a letter this week, the companies say that the accord generates jobs and economic growth by expanding markets for innovative clean technologies. "U.S. companies are well positioned to lead in these markets".

It is unclear how other nations would react if the US were to withdraw from the deal, but "retaliatory measures" have certainly been mentioned in the past. In some ways, it might be better both for the accord and the planet.

The Paris Agreement was agreed by the 195 member economies that attended the 21st session of the Conference of the Parties (COP21) to UNFCCC 2015 in Paris.

Some fear a US U-turn would dampen enthusiasm among other signatories to increase their emissions-cutting targets.

"Investors are sending a powerful signal today that climate change action must be an urgent priority in the G20 countries, especially the United States, whose commitment is in question", said Mindy Lubber, from the Ceres Investor Network on Climate Risk and Sustainability. "It's unfair by any measure".

"The president has been meeting with his team for quite a while on this matter, and he will not be making an announcement regarding that agreement until after he returns from the G-7", he said, referring to the Group of Seven meeting scheduled for May 26-27 in Italy.

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