Business

These CEOs Are Not Happy With Trump Pulling Out Of The Paris Accord

"Climate change is real. Leaving Paris is not good for America or the world."

Originally posted on
Updated on

President Donald Trump announced on Thursday that he would be withdrawing the country from the 2015 Paris Agreement, which pledges to cut greenhouse gas emissions. Instead, he said, the US will start negotiations for "a deal that's fair."

The US will join only two other countries — Syria and Nicaragua — in exiting the deal. The non-binding agreement called for the US to cut greenhouse gas emissions within a decade by at least 26% compared to 2005 levels.

While Trump argued that pulling out of the accord would lift burdensome regulations from US businesses, CEOs from across the country said otherwise.

Facebook CEO Mark Zuckerberg said that withdrawing from the Paris accord is not only "bad for the environment" but also for "the economy, and puts our children's future at risk."

"For our part, we've committed that every new data center we build will be powered by 100% renewable energy," he added.

In a memo obtained by BuzzFeed News, Apple CEO Tim Cook said he tried to persuade the president to stay in the climate change agreement, but it wasn't enough.

Read Apple CEO Tim Cook's Email To Employees About Trump Trump Pulling Out Of The Paris Accord… https://t.co/g1Kf4Y0V18

Amazon told BuzzFeed News that "robust clean energy and climate policies can support American competitiveness, innovation, and job growth."

Here's Amazon's reaction to Trump pulling out of Paris Accords:

Microsoft Chief Legal Officer Brad Smith said the company is "disappointed with the decision to exit the Paris Agreement" and "remains committed to doing our part to achieve its goals."

"Withdrawal won't change our investment in renewable energy," an Intel spokesperson told BuzzFeed News. "We will continue to advocate for the US to engage."

Here's a statement from Intel on Trump pulling out of the Paris Accord:

"Postmates recognizes its responsibility to take steps to safeguard our planet and help ease the emission congestion that often plagues dense, metropolitan regions," it said. "That's why we are piloting zero-emission scooters in markets like New York City, and that's why commitments like the Paris Climate Accords are vital: they encourage the type of R&D and experimentation that pushes businesses and citizens alike to find innovative solutions to protect the future."

It added that "ridesharing has the unique potential to help catalyze long-term reductions in the climate impacts of transportation."

"Uber is committed to working alongside partners in the public sector, nonprofits, and other companies who share our commitment," it said. "Time is short and continued American leadership — both from the private and public sectors — on the climate issue is the only way we will secure the future of our planet."

Dell told BuzzFeed News that it will continue to tackle climate change globally while "continuing to take meaningful steps to manage our own greenhouse gas emissions footprint and environmental impact."

Statement from Dell on Trump's decision to pull out of the Paris Climate Agreement

"Climate change is one of the most significant and urgent issues facing business and society today," HP said in a statement. "The science is clear, the impacts are serious and the need to act is essential."

"We see this not only as our responsibility, but vital to the longevity of our business," it added.

Walt Disney's CEO also said he was resigning from Trump's business council over the president's decision.

As a matter of principle, I've resigned from the President's Council over the #ParisAgreement withdrawal.

Jack Dorsey, Twitter's co-founder and CEO, called the move "incredibly shortsighted" and "backwards."

This is an incredibly shortsighted move backwards by the federal government. We're all on this planet together and… https://t.co/9Gy2OlfxQU

Max Levchin, the CEO of Affirm and cofounder of PayPal, called Trump a "misguided president" in response to Musk's announcement that he would be leaving the president's council.

The head of public affairs for Citi, Ed Skyler, said in a statement Friday that the bank was "outspoken in our support for the U.S. to remain in the Paris Climate Agreement and are disappointed President Trump chose to leave the pact."

Andrew Caballero-reynolds / AFP / Getty Images

A man checks his phone near a Citibank branch on October 5, 2016 in Washington, DC.

Wall Street stocks gained, led by petroleum companies due to higher oil prices and large banks on expectations that the US Federal Reserve will soon hike interest rates. / AFP / ANDREW CABALLERO-REYNOLDS (Photo credit should read ANDREW CABALLERO-REYNOLDS/AFP/Getty Images)

Leticia Miranda is a consumer affairs reporter for BuzzFeed News and is based in New York.

Contact Leticia Miranda at leticia.miranda@buzzfeed.com.

Matthew Zeitlin is a business reporter for BuzzFeed News and is based in New York. Zeitlin reports on Wall Street and big banks.

Contact Matthew Zeitlin at matt.zeitlin@buzzfeed.com.

Charlie Warzel is a senior writer for BuzzFeed News and is based in New York. Warzel reports on and writes about the intersection of tech and culture.

Contact Charlie Warzel at charlie.warzel@buzzfeed.com.

Got a confidential tip? Submit it here.