Obama: Private sector is key to tackling climate change
MILAN — Former U.S. President Barack Obama says he’s “confident that the United States will continue to move in the right direction” on climate change despite his successor’s pledges to undo many of his policies.
On his first foreign foray since leaving office, Obama told an audience Tuesday at a Milan conference on food innovation in Italy that businesses in the United States are already committed to clean energy, in part due to cost-savings, which would help counteract moves by Donald Trump’s administration.
While campaigning for president, Trump pledged to “cancel” the Paris Agreement, the first international deal to curb greenhouse gas emissions from both rich and poor countries. Obama enthusiastically supported the agreement, which was adopted by the United States and more than 190 other countries in 2015.
“The good news is, in part because of what we did over the last eight years, the private sector has already made a determination that the future is in clean energy. Investments are moving into clean energy,” Obama said.


