In recent months, big business has lobbied fiercely in favor of the deal, which aims to end the fossil fuel era. Even major oil firms like Chevron and ExxonMobil back it. Exxon CEO Darren Woods wrote a personal letter to Trump earlier this month, urging him to stick to the deal. The U.S., he said, is “well positioned to compete” with the agreement in place and staying in means “a seat at the negotiating table to ensure a level playing field.” It might appear to be a strange move for energy firms, but many like the agreement because it favors natural gas (which they produce) over dirtier coal. It’s more than just energy firms, though: Microsoft, Apple, Starbucks, Gap, Nike, Google, Adidas and L’Oreal all support continued U.S. involvement. Large companies around the world are warning President Trump against leaving the Paris climate pact. Business leaders say the Paris deal, also called COP21, will help generate new jobs, limit damage from climate change and help assert American leadership on the global stage.
May 31, 2017 at 2:57 PM EDT