Trump advisers to meet Tuesday to discuss Paris climate agreement

U.S. President Donald Trump | Joe Raedle  Getty Images

U.S. President Donald Trump | Joe Raedle Getty Images

Pruitt, a former Oklahoma attorney general with close ties to the state's oil and gas industry, has labeled the agreement a "bad deal" in the past but had not previously called for the United States to withdraw from the accord.

White House officials, led by the National Economic Council, have recently been asking publicly-traded energy companies for advice on whether to stay in the agreement.

In 2015, the US agreed to the landmark climate treaty known as the Paris Agreement.

Trump has already moved to dismantle a raft of Obama-era climate policies that would help the USA satisfy the commitment it made with more than 190 other nations to slash greenhouse gas emissions.

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White House officials who support the Paris accord highlight the lack of repercussions.

The White House is expected to announce their decision on the Paris deal at the G-7 meeting in Italy at the end of May. The International Renewable Energy Agency predicted that investments in renewable power and efficiency created to help meet Paris targets will boost the world economy by $19 trillion.

Two sources told POLITICO that Pruitt is also concerned that the Paris agreement could harm his legal position as he pushes forward with a repeal of Obama's climate change regulations for power plants. But it seems unlikely that the debate could lead to a compromise in which the US stays in the Paris agreement while reducing its commitment to cut greenhouse gas emissions.

Trump can't pull the USA out of the worldwide pact immediately, though he could begin a four-year process of withdrawing.

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A February report by the Wall Street Journal stated Senior Advisor to the President, Jared Kushner, and his wife, the daughter of the President, Ivanka Trump, had stripped words critical of the Paris climate agreement from one of Trump's executive orders.

McKenna said a carbon tax seemed to be the only possible change to the U.S.'s commitments that would make them more ambitious and could also be construed as better for the economy. But he added, "look, these guys are unpredictable, and I don't think we can know". Multi-national corporations, like Exxon, want to avoid diplomatic blowback and no doubt see it as a boon to their natural gas holdings.

One of the most fervent voices pushing the Trump administration to withdraw from the Paris agreement, however, has been the conservative Heritage Foundation.

According to the U.S. Energy Information Administration, progress in the energy markets is already helping America reach environmental sustainability while maintaining competitiveness. Some coal companies and Republicans believe Obama's Paris pledge can be substituted with subsidies emissions control technology.

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The agreement's text specifically allows a country to adjust its greenhouse gas targets if it is "enhancing its level of ambition", but not to reduce promises.

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