UK's May urged to take tougher line against Trump on climate

Trump noted that the U.S. will begin negotiations to reenter the Paris Agreement "on terms that are fair to the United States".

President Trump's decision to pull the United States out of the Paris Climate Accord is receiving mixed reaction from around the world.

Liberal Democrat leader Tim Farron urged the Prime Minister to use whatever influence she has over the U.S. president to urge him to reverse his decision.

The leaders of France, Germany and Italy said the global climate deal will not be renegotiated, reaffirming that the Paris Agreement remains irreversible. Hailing the move as a "reassertion of America's sovereignty", the U.S. president had said the agreement, signed by nearly 200 countries in late 2015, "disadvantages the United States to the exclusive benefit of other states".

Trump said in a Twitter post on Wednesday night that he would make the announcement at 3 p.m. (1900 GMT) on Thursday in the White House Rose Garden, ending his tweet with "MAKE AMERICA GREAT AGAIN!" By comparison, the United States invested $44 billion, while the European Union spent $49 billion, down from a 2011 peak of $123 billion.

Brussels and Beijing believe in "the full implementation, without nuances, of the Paris climate agreement", Juncker said, and underlined that there can be "no backsliding" on the pact.

Mr Musk said: "Climate change is real".

"Given that the United States is going to potentially be pretty isolated around some of these really important economic dynamics, around renewable energy and around the benefits of being in the Paris agreement, we could see some negative impacts on the USA economy", he said. French President Emmanuel Macron, delivering a rare English-language speech, said there is no "Plan B" for the climate and promised that France will become a "second homeland" for climate scientists, the Independent reports. Jake Jacoby said the actual global impact of meeting targets under the Paris accord would be to curb rising temperatures by 1 degree Celsius, or 1.8 degrees Fahrenheit.

But "not all environmentalists think Trump's withdrawal from Paris is so bad for the world", says The Guardian. "A risky world", he said.

During Trump's visit to the Vatican just last week, Pope Francis urged him to stick within the Paris Agreement.

The cost of a barrel of crude slumped 2.4 percent, or $1.18, to $47.18 in electronic trading in NY on Friday, hours after Trump said the US would immediately stop implementing the Paris deal. This is important to all of humanity, and these actions are taking us back decades.

"Trump's decision doesn't change that".

Experts say U.S. decision will have little impact on India, but it certainly will make it much more hard for the world to attain global greenhouse gas emission reduction targets.

The stand drew strong condemnation from leaders and environmentalists from across the world.

Several weeks ago following a direct chat with the president, Musk said he was "cautiously optimistic" that Trump would not withdraw from the agreement, which could have serious consequences not only for the environment and global warming but also politically. The United States has now joined Syria and Nicaragua as the only nations absent from the global deal.

Disney CEO Robert Iger announced that he had resigned from a White House advisory council following Trump's announcement.