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The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

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The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

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Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar

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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
Politics

EU Hopeful U.S. Will Rejoin Paris Climate Change Accord

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November 5, 2019, 1:10 PM ET
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The European Union has voiced regret at the U.S. government’s decision to pull out of the Paris climate agreement and expressed hopes that one of the world’s biggest CO2 emitters will backpedal on its decision and rejoin.

European Commission spokeswoman Mina Andreeva said Tuesday the global deal signed in 2015 remains “the most important international agreement on climate change” and insisted the EU will continue to “fight global climate change under this legal framework.”

Despite the U.S. departure, Andreeva added the 28-member bloc will continue working with various U.S.-based entities and stakeholders who remain committed to the deal.

“The Paris agreement has strong foundations and is here to stay. Its doors remain open and we hope that the U.S. will decide to pass (them) again one day,” Andreeva said.

Germany said the U.S. government’s decision is “regrettable” but no surprise.

Environment Minister Svenja Schulze said the U.S. had announced its plan to withdraw from the pact two years ago and “luckily it has remained alone in doing so.”

Nearly 200 nations signed the landmark 2015 climate deal to keep global warming below 2 degrees Celsius (3.6 Fahrenheit) by the end of the century, with each country providing its own goals for reducing emissions of greenhouse gases.

Schulze said the “domino effect” some had feared after President Donald Trump’s announcement didn’t occur.

“The rest of the world stands together on climate protection,” she said in a statement, noting that even Russia, a fossil fuel exporter, recently joined the pact

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