Our comments on US climate change announcement
We responded to President Trump's announcement that the USA will withdraw from the 2015 Paris Agreement on climate change.
Michelle Hubert, CBI Head of Energy and Infrastructure, said:
"The Paris Agreement is a climate deal agreed by the world's leaders that puts us on a sustainable low-carbon path and which can provide the framework for business to invest with confidence.
“It’s disappointing that President Trump has signalled his intention to withdraw the United States from the Agreement, but now is the time for governments to affirm their commitment to it by turning global ambition into national reality. By investing and innovating, British businesses will be at the heart of delivering a low-carbon economy, and will want to see domestic policies that demonstrate commitment to this goal.
“As other nations start to play a greater role and increase their ambition, the UK needs a level playing field for carbon costs, so that our energy intensive industries can compete effectively in a global, low-carbon marketplace.”