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Industry executives urge Trump to back Obama-era climate policy

President Barack Obama and President Donald Trump in the Oval office
Photo: Jabin Botsford/The Washington Post via Getty Images

Top executives from nearly three dozen mostly manufacturing companies are urging President Trump to back a policy achieved under former President Obama that they say would create American jobs. It would also cut greenhouse gas emissions, but that went unmentioned.

Why it matters: This is a classic example of how an industry works to ensure it benefits from regulations. These companies are poised to make a profit as consumers buy new appliances, like air conditioners, with new, climate-friendly refrigerants. To them, it isn’t really about climate change.