Climate Changed
Solar Stocks Fall on Reports That U.S. May Exit Paris Agreement
- Trump plans to announce decision in ‘the next few days’
- ‘Pulling out of Paris is a big headline,’ analyst says
What's at Stake If U.S. Leaves Paris Agreement?
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Solar manufacturers fell sharply on reports Wednesday that President Donald Trump is leaning toward withdrawing the U.S. from the landmark 2015 Paris climate accord.
JinkoSolar Holding Co., the biggest solar manufacturer, dropped 3.2 percent to $18.23 at 11:01 a.m. in New York, after sliding as much as 8 percent. Canadian Solar Inc., the largest North American panel producer, slid as much as 6.5 percent, while First Solar Inc., the top U.S. company, fell as much as 4.4 percent and rival SunPower Corp. was down as much as 4.2 percent.