After returning from his overseas trip, which the media has nearly unanimously declared as a disaster, President Donald Trump continues to poke the world in the eye. The current leader of the free world just announced that he was going to be withdrawing the US from the Paris Climate Agreement, which nearly every nation had signed.
According to reports, in the days leading up to the announcement, The White House was divided into two camps. The Washington Post wrote that some were urging the president to stick to the agreement while others, most likely those in the pocket of Big Oil were all for backing out of the accord.
Supposedly, Ivanka Trump herself was in favor of holding up America’s end of the bargain. Predictably, Environmental Protection Agency Director Scott Pruitt was not.
It wasn’t just members of Trump’s cabinet who participated in the event either. Private companies, dozens of them, had sent letters urging the administration to keep to the accord. These included eBay, DuPont, and Nike. In fact, even ExxonMobil was all for staying, which is certainly not what some would have thought considering the company’s main source of income.
Most astonishing of all is the fact that Pope Francis himself had appealed for the US to keep the agreement. The pontiff even presented the US president with a 2015 encyclical regarding climate change. None of this could sway Trump from breaking the country’s word and backing out of the accord.
Experts are already predicting several fallouts from this momentous action, including instability and uncertainty in the fossil fuel and renewable energy market, Business Insider reports. This is a terrible prospect for both industries as it would constitute a tug of war on what should have been a done deal.
According to the numbers, green energy is where the future of employment is at. By withdrawing from the Paris Agreement, President Trump just created chaos in every market in the world and might even slow job growth in the growing renewable industry.


HKEX’s Permissive IPO Rules Could Open Opportunities for Korea to Strengthen Its Position in International Listings
Global DRAM Chip Shortage Puts Automakers Under New Cost and Supply Pressure
Morgan Stanley Flags High Volatility Ahead for Tesla Stock on Robotaxi and AI Updates
Elon Musk Says Tesla Cybercab and Optimus Production Will Start Slowly Before Rapid Growth
Apple China Holiday Sale Offers Discounts Up to 1,000 Yuan on Popular Devices
Nintendo Stock Jumps as Switch 2 Becomes Best-Selling Console in the U.S. in 2025
Microsoft Restores Microsoft 365 Services After Widespread Outage
Apple Stock Jumps as Company Prepares Major Siri AI Chatbot Upgrade
Micron to Buy Powerchip Fab for $1.8 Billion, Shares Surge Nearly 10%
Google Seeks Delay on Data-Sharing Order as It Appeals Landmark Antitrust Ruling
Rewardy Wallet Integrates 1inch Swap API to Enable Gasless, Optimized Token Swaps
Ericsson Plans SEK 25 Billion Shareholder Returns as Margins Improve Despite Flat Network Market
South Korea Sees Limited Impact From New U.S. Tariffs on Advanced AI Chips
ByteDance Finalizes Majority U.S.-Owned TikTok Joint Venture to Avert American Ban
Nvidia CEO Jensen Huang Plans China Visit Amid AI Chip Market Uncertainty




