While the Donald Trump administration sees staying the Paris Climate change as wasting of US funds, and had signed an executive order to withdraw US from the climate change agreement, Exxon’s manager for environmental policy,Peter Trelenberg is advising the US president not to leave the agreement.
Exxonmobil believes that the agreement would reduce climate change and give a boost to natural gas production. In a letter sent to Donald Trump, Peter in his letter said the agreement signed in 2016 by former president Barack Obama is “an effective framework for addressing the risks of climate change. It is prudent that the United States remain a party to the Paris agreement to ensure a level playing field, so that global energy markets remain as free and competitive as possible."
Former Exxon Chairman, and the secretary of state in the Trump's administration, Rex Tillerson is also advocating for President Donald Trump to stay in the agreement, as it will also help the US diplomatically.
Investigators are currently looking into Exxon for hiding information on climate change, and hiding the information on Global warming. The company is alleged of misleading the public about the effects of climate change, and its supposed effect global warming has on sea levels.