U.S. Withdrawal From Paris Climate Urges Disney CEO Bob Iger To Quit

Disney CEO Bob Iger, who also served as chief executive, quitted Donald Trump’s business advisory council on Thursday over Trump’s withdrawal from the Paris climate agreement.

Mr Iger took to Twitter to justify his decision and admitted that the reason behind his own withdrawal is “a matter of principle.

“As a matter of principle, I’ve resigned from the President’s Council over the #ParisAgreement withdrawal,” Iger tweeted.

Technology companies speak out

This is not the first time for a member of Trump’s advisory council to quit after America’s withdrawal from the Paris agreement; Tesla chief executive Elon Musk who earlier tweeted: “Am departing presidential councils. Climate change is real. Leaving Paris is not good for America or the world”.

Moreover, technology companies have always taken a stand against Trump’s controversial plans; Uber CEO Travis Kalanick quitted the council after Trump showed intentions to implement his plans to ban visitors from seven Muslim countries.

The council, set up by Mr Trump in December, aimed at collaborating with the administration when it calls shots. Stephen Schwarzman, CEO of Blackstone Group, presides the Council and works alongside PepsiCo chief Indra Nooyi and Jamie Dimon, the CEO of Wall Street giant JPMorgan.

The U.S. may rejoin

Mr Trump pronounced his justification, which is that the Paris climate agreements have potentials to sabotage the country’s economic prospects; however, he announced that the U.S. may re-join if he can warrant a better deal that maintains the U.S.’s economic ground.

Trump was clear about his intentions to withdraw from the Paris climate agreement, which was a part of the basis of his presidential campaign in 2016, speaking about making American workers his priority after the withdrawal.

Jeff Immelt, the chief executive of the conglomerate General Electric, tweeted: “Disappointed with today’s decision on the Paris Agreement. Climate change is real. Industry must now lead and not depend on government.”

Former US President Barack Obama, German Chancellor Angela Merkel and French President Emmanuel Macron opposed Trump’s withdrawal.