Trump says U.S. could 'go back in' to Paris climate agreement

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U.S. President Donald Trump announces his decision regarding the United States' participation in the Paris climate agreement in the Rose Garden at the White House June 1, 2017 in Washington, DC.

"So we could conceivably go back in", the president said during a joint news conference with Norway Prime Minister Erna Solberg.

French President Emmanuel Macron in December past year said he was hopeful the United States would return to the accord.Commenting on the treaty, Trump said the accord would have taken away the US' "competitive edge".

"It put great penalties on us", he said about the agreement.

Mr Trump has claimed in the past that the agreement would cost the U.S. $3tn in lost GDP and 6.5 million jobs - while rival economies like China and India were treated more favourably.

Analysts have said the USA 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. "I feel very strongly about the environment". "It took away a lot of our asset values", he said of the pact that includes every other nation in the United Nations. "We are a country rich in gas and coal and oil, and lots of other things, and there was a tremendous penalty for using it".

Under Trump, the USA has made successive roll-backs on environmental protections, scrapping the Clean Power Plan, which sought to inch the US away from its use of coal-burning energy, and opening previously protected lands up to mineral exploration.

The treaty takes a bottom-up approach, with each country making its own commitments towards reducing the release of greenhouse gas emissions, and preparing for climate change. We're not gonna let that happen.

"I wish we'd do some of that", he remarked-possibly uninformed that the USA, too, harbors sizable hydropower resources, which produced 267.8 TWh, or about 7% of the nation's total generation, in 2016.

Trump's meeting with Solberg was the first foreign leader visit with the president in 2018. "I'm not gonna let that happen", he said.

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