Michael Bloomberg Pays $4.5M To Cover U.S. Commitment To Paris Climate Pact

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WASHINGTON (Reuters) – Former New York mayor and billionaire Michael Bloomberg said on Sunday he will write a $4.5 million check for this year’s U.S. financial commitment to the Paris Climate Agreement.
President Trump last year pulled the United States out of the agreement, making the country the only one opposed to the pact.
Bloomberg, in a CBS interview, did not commit to provide funds beyond this year and said he hopes by next year Trump will have changed his mind.
Trump staunchly opposes the agreement and his administration has rolled back a number of environmental regulations.
Why I became the Forward’s Editor-in-Chief
- Alyssa Katz, Editor-in-Chief
You are surely a friend of the Forward if you’re reading this. And so it’s with excitement and awe — of all that the Forward is, was, and will be — that I introduce myself to you as the Forward’s newest editor-in-chief.
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