President Trump, knowing the climate change narrative is a bunch of hullabaloo, refused to sign the G7 statement which would endorse the Paris Climate Change Agreement.
The Daily Caller reported:
The U.S. refused to sign onto a statement with other G7 countries to commit to the implementation of the Paris climate agreement, which President Donald Trump promised to withdraw from on the campaign trail.
Secretary of Energy Rick Perry said the U.S. “is in the process of reviewing many of its policies and reserves its position on this issue, which will be communicated at a future date,” Italy’s industry and energy minister Carlo Calenda said in a statement.
Calenda said other G7 members “reaffirmed their commitment towards the implementation of the Paris Agreement to effectively limit the increase in global temperature well below 2°C above pre-industrial level.”
The Trump administration would not sign onto a statement mentioning Paris, since the president is still deciding whether or not to keep his campaign pledge.
Great news for business and particularly for the energy industry. If there is one area President Trump has been consistent in, it’s been domestic energy policy. Climate Change regulations drag on energy production and refinement ultimately depressing the industry. Keeping clear of agreements that will complicate matters for the energy industry is key in becoming energy independent.