United States could 'conceivably' stay in Paris climate pact

Trump: US could 'conceivably' stay in Paris climate pact

Trump: US could 'conceivably' re-enter Paris deal, but it threatened 'competitive edge'

"Frankly, it's an agreement that I have no problem with, but I had a problem with the agreement that they signed, because as usual they made a bad deal", Trump said at a joint press conference in the White House after meeting Norwegian Prime Minister Erna Solberg on Wednesday.

For his part, Trump seemed to take steps back from his statement withdrawing the US from the Paris agreement last summer and hinted that the USA might actually rejoin the agreement.

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

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Analysts have said the U.S. withdrawal from the Paris agreement makes it more hard for the world to reach the goals that it set for itself in the Paris agreement. "It took away a lot of our asset values", President Trump said.

The President - who has been a vocal champion of the United States fossil fuel industries as well as frequently voicing climate change scepticism - said the Paris Agreement signalled a "tremendous penalty" for using gas, coal and oil energy, suggesting the deal was harsher on United States interests than Russian and China.

"It wasn't a major topic, I must tell you, we talked about other things, including mostly trade", said Trump, who boasted that the United States had a trade surplus with Norway. "I feel very strongly about the environment".

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The country captured the West Bank and east Jerusalem in the 1967 war and has since built dozens of settlements there. Israel's occupation of East Jerusalem effectively put the entire city under de facto Israeli control.

When announcing the exit, Trump kept the door open to rejoining the pact "on terms that are fair to the United States, its businesses, its workers, its people, its taxpayers". Norway's strict regulations to reach its Paris targets of reducing greenhouse gas emissions by 40% below 1990 by 2030 has spurred the use of "environmental friendly and climate friendly technologies". And we're not going to let that happen.

Observers were quick to point out that the Paris Agreement allows countries to set their own climate action plans and contains no formal penalties for nations that fail to meet any self imposed targets. "I'm not going to let that happen", Trump said.

French President Emmanuel Macron in December said he would not agree to a renegotiation but was hopeful the USA would return to the accord.

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It was unclear now how a deal might emerge, though both sides insist the clock is ticking. Some Democrats have threatened to withhold support unless an immigration pact is forged.

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