President Donald Trump is expected to pull the United States out of the Paris climate agreement on Thursday, ignoring many of the nation's leading companies, who say the country should stick with the deal. Trump and the anti-Paris Agreement camp have levied a number of criticisms against the international accord, which aims to mitigate the effects of climate change by preventing global temperatures from rising by more than 2 degrees Celsius above pre-industrial levels. They say Obama-era policies and regulations that would help the United States meet its commitments to the Paris Agreement will dampen economic growth and kill jobs. Critics also complain the deal holds countries like China and India to a lower standard and forces the U.S. to sacrifice its sovereignty.

U.S. business interests are best served by a stable and practical framework facilitating an effective and balanced global response. We believe the Paris Agreement provides such a framework. Letter to Trump from 16 companies