Business World

Friday 24 November 2017

Goldman Sachs CEO tweets for the first time ever to slam Donald Trump Paris decision

Goldman CEO Lloyd Blankfein. Photo: Getty Images
Goldman CEO Lloyd Blankfein. Photo: Getty Images
Independent.ie Business Desk

Goldman Sachs Group Inc Chief Executive Officer Lloyd Blankfein has criticised the United States' decision to withdraw from the Paris climate deal.

And the tweet in which he voiced his opinion was his first message on Twitter since joining the platform six years ago.

"Today's decision is a setback for the environment and for the US's leadership position in the world," Blankfein said, adding the hashtag "ParisAgreement."

A spokesman for Goldman, Michael Duvally, confirmed that the account is Blankfein's.

Donald Trump is pulling the US out of the Paris Accord on tackling climate change (Andrew Harnik/AP)
Donald Trump is pulling the US out of the Paris Accord on tackling climate change (Andrew Harnik/AP)

President Donald Trump last night announced that the US will quit the historic 2015 global climate change agreement.

The President personally telephoned German Chancellor Angela Merkel, French President Emmanuel Macron, Canadian Prime Minister Justin Trudeau and British Prime Minister Theresa May to explain his decision to withdraw the United States from the Paris climate accord, the White House said.

A short time earlier, Mr Trump told the media: "We're getting out," at a ceremony in the White House Rose Garden in which he decried the Paris Accord's "draconian" financial and economic burdens.

He said American withdrawal "represents a reassertion of American sovereignty".

Mr Trump said the US would begin negotiations either to re-enter the Paris Accord or to have a new agreement "on terms that are fair to the United States, its businesses, its workers, its people, its taxpayers".

With Mr Trump's action, the United States will walk away from nearly every nation in the world on one of the pressing global issues of the 21st century.

The pullout will align the United States with Syria and Nicaragua as the world's only non-participants in the accord.

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