United States could 'go back in' Paris Agreement

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U.S. President Donald Trump said on Wednesday that the United States "could conceivably" return to the Paris Climate Accord, which sets out a global action plan to avoid risky climate change by limiting global warming to well below 2 degrees Celsius.

The U.S. can possibly reenter the Paris climate agreement, President Donald Trump said in a joint conference with Norwegian Prime Minister Erna Solberg.

Norway's leader says her country is committed to the Paris climate agreement and sees tremendous economic opportunities in the green economy.

"We could conceivably go back in", he noted.

The conservative prime minister had said before the meeting that she'd put climate on the agenda in the bilateral talks.

Nevertheless, the United States president spoke as if the country had already left the agreement.

The formal process for exiting the Paris Agreement takes several years, and the United States therefore remains a party to the deal, which sets a goal of limiting average global temperature increases to "well below" 2C since before the end of the century.

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During the briefing, Trump appeared to stress that his administration is "very strong" on the environment. "It took away a lot of our asset values", he said of the pact that includes every other nation in the United Nations.

The president emphasised that he is not going to let the Paris agreement deny the USA competitive edge.

This is not the first time Trump has hinted that the USA could rejoin the pact. And we're not going to let that happen.

It aims to keep the increase in average global temperature at below two degrees Celsius above pre-industrial levels by reducing greenhouse gas emissions. But he will have to wait until 2019 to formally notify the United Nations of a US exit under the agreement's regulations. It made it very hard for us to deal in terms of business.

"I'm not going to let that happen", he added.

Moreover, the agreement hurt U.S. businesses overall and gave advantages to other countries such as China, Trump added.

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