Ceo Paris Agreement

Despite an apparently cordial relationship with President Trump, Apple CEO Tim Cook on Monday reiterated a serious point of contention: the Paris agreement. In a joint statement entitled “United for Paris Agreement,” dozens of CEOs and the head of the largest trade union confederation in the United States fully endorsed the Paris climate agreement and said they would work together to build a sustainable future. CEOs of large multinationals signed the letter, including partners global Citizen, Unilever, Citigroup, HP and Verizon. The letter outlines a number of policy objectives supported by the signatories, but does not explicitly miss the paris climate agreement`s goal of maintaining temperatures above 1.5 degrees Celsius, a goal that experts say is increasingly out of reach to prevent economic adjustments to transformation. If global temperatures exceed this limit, catastrophic disturbances are likely. The letter coincides with COP25, the annual UN climate change conference that began this week in Madrid. Heads of state and government from around the world are expected to clarify commitments made under the Paris climate agreement over the weeks of the week. Corporate America`s efforts to influence Trump on the deal were at least until shortly after the election, when hundreds of large and small businesses, from Starbucks to Monsanto, signed a letter of support for the Paris Climate Agreement. “Failure to build a low-carbon economy threatens the prosperity of the United States,” says the letter, which calls the Paris climate agreement a “historic opportunity to fight climate change.” Even ExxonMobil had called on Trump to stick to the agreement. In a letter dated May 9, CEO Darren Woods wrote to Trump in a plea described as the “last personal plea” by the Financial Times, arguing that staying in the United States allowed the United States to “stay at the negotiating table to ensure a level playing field” for energy sources. The letter followed a previous call made in March at the White House by the fossil fuel giant, which remains under fire from shareholders on climate issues. “We support the 77% of registered U.S.

voters and more than 4,000 U.S. states, cities and businesses that support the Paris Agreement,” the letter says. Other technology executives shared their disappointment. Apple`s Tim Cook wrote a letter to employees, which was collected by The Washington Post, in which he said he spoke to Trump on Tuesday and “tried to convince him to keep the United States in the agreement.” But it wasn`t enough. He wrote, “We will never waver because we know that future generations depend on us,” and said in a tweet that withdrawal was “bad for our planet.” Salesforce CEO Marc Benioff said he was “deeply disappointed,” and Brad Smith, Microsoft`s president and chief legal officer, wrote on LinkedIn that the Trump administration was “actively involved in the business case” because it sticks to the agreement and “we all live on a small planet and every nation must work with others to protect it.” In a statement, Intel said it was “firmly” in its view that the United States should continue to participate in the agreement. Despite the latest calls from supreme leaders and months of letters and the contact of some of the largest U.S. companies and CEOs in the White House, President Trump announced that the United States would withdraw from the Paris climate accord by breaking the ranks of almost every country in the world and saying he would try to renegotiate the agreement or reach a new agreement.

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