Many major auto and airline carriers had already invested billions in reducing emissions and would probably not change course. General Motors, the largest automaker in the United States, immediately said: “Our position on climate change has not changed. we are publicly committed to the fight against climate change” and reaffirmed its support for various climate commitments. Analyst Rebecca Lindland also said automakers were not subject to any specific restrictions under the deal and nothing had changed. Even if Trump eased other restrictions on the auto industry, which allowed for the production of less environmentally friendly cars, those cars still had to meet the standards before being exported to other continents, or even some states. Jason Bordoff, an energy policy expert at Columbia University, agreed that a withdrawal would make no difference to the economy, arguing that it would be determined by market conditions like the price of oil and gas. At the same time, airlines have spent billions looking for more fuel-efficient ways of flying – fuel is an airline`s second biggest expense after work, and therefore, consuming less fuel (meaning fewer emissions) is in its financial interest. [50] Kabir Nanda and Varad Pande, Dahlberg`s consultants and partners, argued that, despite the U.S. withdrawal, the U.S. private sector is still committed to renewable energy and technology. . .

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