Dumping Paris accord is Donald Trump's worst move ever

The agreement was more about other nations gaining "financial advantage" over the U.S. than about the environment, he claimed.

John Kerry called this move of Trump "self-destructive" and stated how it will cost America jobs and development aspects.

On Thursday, after Trump announced that he would pull the USA out of the Paris deal, Kerry issued a scathing statement on Facebook, calling the decision an "abdication of responsibility" and fearing the loss of momentum. That's why I-along with Republicans, Democrats, businesses and environmental groups-oppose the president's decision to withdraw from the Paris climate agreement.

The rare rebuke by Obama was testament to the magnitude of Trump's decision. He said that even if U.S. is out of the Accord, he hopes the firms and people will join hand to protect "the one planet we've got".

Although Trump announced the withdrawal from the agreement, he is still open to negotiating an alternative climate deal. "Leaving Paris is not good for America or the world", Musk said in a Twitter post.

The U.S. will now be one of only three countries out of 197 nations that isn't signed onto the agreement, with the other two being Nicaragua and Syria.

Under former President Barack Obama, the US had agreed to reduce emissions to 26 percent to 28 percent of 2005 levels by 2025 - about 1.6 billion tons.

Still, the US emits about 15 percent of the world's greenhouse gases.

Trump had campaigned on a promise to unravel Obama-era climate regulations to help boost domestic oil, gas and coal production.

"Today the world meets the moment and if we follow through on the commitments this Paris Agreement embodies, history may well judge it as a turning point for our planet".

Trump has faced increasing bipartisan pressure over what direction to take.

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Even Exxon Mobil (XOM) had encouraged Trump to remain a party to the agreement, calling it an "effective framework for addressing the risks of climate change". But that prospect led to a swift joint statement from France, Germany, and Italy who said the accord can't be renegotiated.

For example, the president cited targets for the reduction of carbon dioxide emissions that he believes are unrealistic.

Leading climate scientists say the emissions trap heat in the atmosphere and have caused a warming planet, sea level rise, droughts and more frequent violent storms.

Past year was the warmest since records began in the 19th century, as global average temperatures continued a rise dating back decades that scientists attribute to greenhouse gases. The Vatican, which under Pope Francis' insistence has strongly backed the Paris accord, would see a US exit as a "a huge slap in the face", a senior Vatican official said on Thursday.

Trump also mentioned how the Accord was discriminatory and majorly benefited countries like China and India. "Stopping climate change is something we can only do as a global community, and we have to act together before it's too late".

Earlier Thursday, Russia said it supported the Paris deal.

Still, hope for any future deal Trump would accept seems negligible, based on the stark terms he used to criticize the "draconian financial and economic burden" it would impose on the US, while doing little to curb emissions in China and India.

"Today is the day for cities, states, and businesses of all sizes to publicly commit to 'Live by Paris, '" Kerry said in his statement.

The Democratic Governors from New York, California, and Washington also vowed to continue taking aggressive action on climate change.

Below are statements from Alden Meyer, director of strategy and policy at the Union of Concerned Scientists (UCS) and a leading expert on the United Nation's global climate negotiations process, and Ken Kimmell, president of UCS and a former commissioner of the Massachusetts Department of Environmental Protection and chair of the Regional Greenhouse Gas Initiative.

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