President Donald Trump on Thursday said the U.S. could "conceivably" return to the landmark Paris climate agreement but did not indicate any move in that direction. He said he had no problem with agreeing to a climate deal, but the Paris accord was "a bad deal".
Trump said the Paris agreement was very unfair to the United States because it imposed penalties and took away many USA asset values. Trump said it was "very much better" having to do with North Korea where the United States now has a problem.
"We are not going to let that happen".
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"Frankly, it's an agreement that I have no problem with", Trump said at a news conference with Norwegian President Erna Solberg at the White House.
The President - who has been a vocal champion of the USA fossil fuel industries as well as frequently voicing climate change scepticism - said the Paris Agreement signalled a "tremendous penalty" for using gas, coal and oil energy, suggesting the deal was harsher on U.S. interests than Russian and China. "It took away a lot of our asset values".
In June, Trump announced his decision to withdraw the US from the Paris agreement, making the country the only one that has pulled out of the accord.
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The formal process for exiting the Paris Agreement takes several years, and the USA therefore remains a party to the deal, which sets a goal of limiting average global temperature increases to "well below" 2C since before the end of the century. Working with India a good thing: Trump Working with countries like India, Russia and China is a "very good thing", US President Donald Trump said on Thursday, defending his efforts to improve ties with Moscow. Trump insisted that his administration feels very strongly about the environment. "The Paris accord really would have taken away our competitive edge".
The President said in his 1 June 2016 withdrawal announcement that the agreement put American workers - particularly in the coal industry - at an "economic disadvantage". "I'm not going to let that happen", Trump asserted.
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Mr Zuma has been accused of conspiring with a wealthy business family, the Guptas, to control lucrative state contracts. Bonds tracked the firmer currency, with yield on the benchmark paper due in 2026 down 0.5 basis points at 8.55 percent.