US formally notifies the UN about its ‘intent to withdraw from the Paris Agreement’

The U.S. government has officially notified the United Nations of its "intent to withdraw from the Paris Agreement as soon as it is eligible to do so."

The State Department announced the move in a press release Friday, adding that the process would be "consistent with the terms of the Agreement."

However, the release also indicates the possibility that the U.S. could rejoin the pact in the future, stating that President Trump "is open to re-engaging in the Paris Agreement if the United States can identify terms that are more favorable to it, its businesses, its workers, its people, and its taxpayers."

RELATED: Reaction to US withdrawing from the Paris Agreement

Reaction to US withdrawing from the Paris Agreement
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Reaction to US withdrawing from the Paris Agreement
A historic mistake. The world is moving forward together on climate change. Paris withdrawal leaves American workers & families behind.
What President Trump did today by withdrawing from the Paris Climate Accord is an international disgrace.
Walking away from Paris treaty is a mistake. Climate change is real. We owe our children more. Protecting our future also creates more jobs.
I applaud @POTUS for putting American jobs & energy first by withdrawing the U.S. from the Paris Agreement.
Statement on the US' withdrawal from the Paris climate agreements. #parisagreement
My statement on Today’s Decision by the Trump Administration to Withdraw from the Paris Agreement:…
JUST IN: Statement from President Barack Obama on the Paris Climate Accord:
Every foreign leader attacking Pres Trump over leaving Paris Accord -further proof the deal was one sided and better for foreigners than US
Today, our planet suffered. It’s more important than ever to take action. #ParisAgreement
Withdrawing from the #ParisAgreement will be devastating to our planet. Paris and Pittsburgh share the same environ…
As the Mayor of Pittsburgh, I can assure you that we will follow the guidelines of the Paris Agreement for our peop…
.@POTUS withdrawal from Paris Accord will forever damage our planet and our standing in the world. There is no Planet B, Mr. President.
On behalf of New York City, I will commit to honor the goals of the Paris agreement with an Executive Order in the coming days.
Disappointed with today’s decision. Google will keep working hard for a cleaner, more prosperous future for all.
Today's decision is a setback for the environment and for the U.S.'s leadership position in the world. #ParisAgreement
Trump’s abandonment of the Paris Climate Deal demonstrates once again that he is void of basic business acumen, foresight, or initiative.
.@POTUS is committed to protecting middle class families by dealing another significant blow to #Obama's #waroncoal…
Am departing presidential councils. Climate change is real. Leaving Paris is not good for America or the world.
We’re disappointed with the decision to exit the Paris Agreement. Microsoft remains committed to doing our part to achieve its goals.
My thoughts on today's big mistake by President Trump to put America last - and the big fight he's started. Lets go.
Disappointed with today’s decision on the Paris Agreement. Climate change is real. Industry must now lead and not depend on government.
America Last. A miserable and historic moment. Listening to Trump is listening to an unending stream of lies and bullshit.
Climate change requires a global approach. I'm disappointed in the President's decision to withdraw from the Paris Agreement #mepolitics
Withdrawing from the Paris accord turns a symbol of American leadership into a symbol of American isolation. Damages our economy & security
By withdrawing from the Paris agreement, Trump has turned the US from a climate leader into a climate deadbeat
Our future.
.@realDonaldTrump says that the U.S. is pulling out of the #ParisAccord. He better check his geography because Boston will do no such thing.
The demonstration began after today's announcement. People are concerned about the lack of US leadership jeopardizi…
Disappointed with today’s decision on the Paris Agreement. Climate change is real. Industry must now lead and not depend on government.

The president has echoed similar sentiments in the past; in his June 1 speech announcing the withdrawal, he cited high financial burdens, the loss of millions of jobs, and damage to sectors like coal and natural gas.

He also said his administration would "begin negotiations to reenter either the Paris Accord or a really entirely new transaction on terms that are fair..."

However, world leaders of other countries remaining in the pact have spoken out against this move; the same day as Trump's speech, the heads of Italy, France, and Germany issued a joint statement which included the line, "...we firmly believe that the Paris Agreement cannot be renegotiated."

And a statement closing out the G20 summit in July pointed out the U.S.'s decision and stated, "the Paris Agreement is irreversible."

RELATED: Celebrities react to Trump's Paris decision

Celebrities react to Trump's Paris decision
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Celebrities react to Trump's Paris decision
Trump is our national embarrassment.
We have to stop this asshole. This is urgent. You have to vote in 2018.
If I and my advisors had never learned what Science is or how & why it works, then I’d consider pulling out of the Paris Climate Accord too.
Today, our planet suffered. It’s more important than ever to take action. #ParisAgreement
Just when you think Trump cannot possibly do anything more stupid than gun-running to the Saudis, he pulls out of the Paris Accords. OMG!
who were the assholes applauding trump pulling out of the climate accord - who the hell were they - we need names #resistALLthingsTRUMP
Trump is having the U.S. pull out of the Paris Climate Accord. Too bad someone didn't tell his father that he shoulda pulled out, too.
1) If Dems are smart, they should call for immediate meetings w POTUS to determine how to get back in the Paris Agreement
I’m guessing that Donald Trump doesn’t see the irony in making his announcement to leave the Paris Agreement while standing in a garden.
It'll be great to see all the economic progress in blue states & cities that continue to embrace science & the Paris deal.
There has never in US history been such a destructive megalomaniac in the WH. Thank you to US press and other numbskulls who put him there.
. @realDonaldTrump I ask humbly to remember your children, their children & all children will be left to live w/the…
America First! Earth Last! #ParisClimateAccord
2017...the year science, reason and accountability died.
dem or republican this climate issue is awful. trump is truly an idiot that is harming all of us
What a huge step backward. We should be leading the world on this. #ActOnClimate

Despite the backlash and lingering questions about the administration's stance on climate change, the State Department says the U.S. "will continue to reduce our greenhouse gas emissions through innovation and technology breakthroughs, and work with other countries to help them access and use fossil fuels more cleanly and efficiently and deploy renewable and other clean energy sources...."

The release adds, "The United States will continue to participate in international climate change negotiations and meetings."

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