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Tesla & Disney's CEOs quit Trump's business panel over Paris pullout

Two of the US's biggest business leaders, Tesla founder Elon Musk and Disney's Robert Iger, have quit Trump's high-powered business advisory panel after the president pressed ahead with plans to pull out of the Paris climate accord...The two defections...leave a lot of other people on Trump's high-powered business council in a very awkward position given their own, and their companies', views on Paris and climate change. Jamie Dimon – chairman, president, and CEO of JPMorgan Chase...is no fan of regulation but even he clearly thinks some is necessary, especially when it comes to the environment. "Some regulations quite clearly create a common good (e.g. clean air and water)," he wrote in his 45-page letter to shareholders this year...The billionaire founder of investment group Blackstone is literally Trump's right hand man on the council...But Schwarzman too is out of step with Trump and believes climate change is real...BlackRock, an investment manager that overseas $5tn in assets, has become increasingly vocal about its concerns on climate change. Exxon, Occidental Petroleum and PPL...have all been forced to be more transparent about the impact of climate change on their businesses after pressure from BlackRock...

[also mentions: PepsiCo, Coca-Cola, Walmart, IBM, General Motors, Goldman Sachs]

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