Tag Archives: Paris

Boeing vs. Airbus: A new winner emerges at the Paris Air Show

Jaw-dropping aerobatic feats at Paris Air Show Final score: Boeing 571, Airbus 326. Boeing has claimed bragging rights over Airbus at the Paris Air Show, winning more aircraft deals at the biennial event than its European arch-rival for the first time since 2012. Boeing(BA) is leaving the show with orders and commitments for more than 571 new aircraft worth $ 74.8 billion at list prices. Airbus(EADSF), based in the southern French city of Toulouse, secured 326 new orders worth $ 39.7 billion. “I’ve never been this busy, I’ve never been ...

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Coal king: It's 'wonderful' Trump ditched Paris climate deal

Coal country reacts to climate deal exit The king of coal has gone from condemning the last president of the United States to praising the sitting occupant of the White House. “President Donald Trump was very courageous and very prudent to withdraw the United States from the Paris climate accord,” Murray Energy CEO Robert Murray told CNNMoney this week. The boss of the largest private U.S. coal miner said it’s “wonderful” Trump followed through on his campaign promise to ditch the Paris climate accord. Trump painted the global climate deal ...

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Trump climate agreement: Rest of world rallies around Paris deal

Media playback is unsupported on your device China, the EU and India, which along with the US make up the four biggest emitters of carbon dioxide, have restated their commitment to the 2015 Paris Agreement on climate change. Top EU official Donald Tusk said at a summit with China that Brussels and Beijing would step up co-operation. Mr Trump announced the US was leaving for economic reasons, saying the deal would cost American jobs. Secretary of State Rex Tillerson said the US would still curb emissions. Amid widespread international condemnation ...

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Paris climate deal: Dismay as Trump signals exit from accord

Media playback is unsupported on your device There has been widespread international condemnation of President Trump’s announcement that the US is withdrawing from the 2015 Paris climate agreement. UN chief Antonio Guterres’s spokesman called it “a major disappointment” while the European Union said it was “a sad day for the world”. However, senior Republicans and the US coal industry backed the move. Mr Trump said the accord “punished” the US and would cost millions of American jobs. In an address at the White House, he said he was prepared to ...

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Tim Cook: I asked Trump to stick with Paris climate deal 'but it wasn't enough'

Here’s what Trump has said about bringing back coal jobs Apple CEO Tim Cook says he tried to talk President Trump into keeping the U.S. in the Paris climate accord but “it wasn’t enough.” In a memo to Apple(AAPL, Tech30) employees Thursday afternoon, Cook expressed his disappointment with Trump’s decision to pull out of the global agreement. “I want to reassure you that today’s developments will have no impact on Apple’s efforts to protect the environment,” Cook wrote in the message, which was obtained by CNN. “We power nearly all ...

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The real story behind Trump's claim that Paris would kill 2.7 million jobs

MSFT, Tesla, GE react to climate deal withdrawal Massive job losses. Lower wages. Shuttered factories. Brownouts and blackouts . That’s the grim future that President Trump said he was trying to avoid when he announced that the United States will withdraw from the Paris climate change deal. “Compliance with the terms of the Paris Accord and the onerous energy restrictions it has placed on the United States could cost America as much as 2.7 million lost jobs by 2025,” he said, citing a study from NERA Economic Consultants. NERA is ...

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Paris climate deal: PM May tells Trump of 'disappointment'

Prime Minister Theresa May has told Donald Trump of her “disappointment” with his decision to pull the US out of the 2015 Paris climate agreement. In a phone call with the US president, Mrs May said the UK remained committed to the deal, according to a Downing Street statement. But Mrs May has been criticised for not signing a joint condemnation from France, Germany, and Italy. Mr Trump said he would try to negotiate a new, “fairer” climate deal. In their statement, France, Germany and Italy warned Mr Trump that ...

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Top CEOs tell CEO president: You're wrong on Paris

Trump: U.S. will withdraw from Paris climate accord General Electric CEO Jeff Immelt is not happy with President Trump. And he’s not alone. Dozens of top executives urged Trump not to pull the U.S. out of the Paris climate agreement. Now, many are voicing their displeasure. “Disappointed with today’s decision on the Paris Agreement. Climate change is real. Industry must now lead and not depend on government,” Immelt said on Twitter shortly after Trump’s announcement. Elon Musk, the CEO of Tesla(TSLA) and SpaceX, announced that he’s quitting the president’s business ...

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Paris climate deal: Trump announces US will withdraw

Media playback is unsupported on your device President Donald Trump has announced that the US is withdrawing from the 2015 Paris climate agreement. He said moves to negotiate a new “fair” deal that would not disadvantage US businesses and workers would begin. Mr Trump said during last year’s presidential election campaign that he would take the step to help his country’s oil and coal industries. Opponents say withdrawing from the accord is an abdication of US leadership on a key global challenge. The Paris agreement commits the US and 187 ...

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China commits to Paris climate deal as Trump decision looms

China will honour its commitments on climate change, its premier has said, as the US appears poised to pull out of a key deal. Speaking on a visit to Germany, Premier Li Keqiang said fighting climate change was in China’s own interest. China was counting on other countries to follow its example, Mr Li said. US President Donald Trump is due to announce his decision on the 2015 Paris agreement later. Some reports in the US suggest he will withdraw. “China will continue to implement the promises made in the ...

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