Michael Bloomberg ‘to write $4.5m cheque to cover US commitment to Paris climate agreement’

Billionaire former mayor of New York Michael Bloomberg has said he will write a $4.5m cheque to cover the US’s financial commitment to the Paris Climate agreement for 2018. Donald Trump pulled the US out of the climate pact last year, saying it was a “terrible deal” which would “undermine” the economy and put the US at a “permanent disadvantage”.

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