Trump Paris Exit to Push Investors Abroad, Brazil Minister Says

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President Donald Trump’s withdrawal of the US from the landmark Paris Agreement opens room to drive billions of dollars in investment to other economies including Brazil, according to its energy minister.

“The US president’s denialism is fertile ground for Brazil to receive this investment and strengthen its position as a leader in the global energy transition,” Brazil’s Mines and Energy Minister, Alexandre Silveira, said in an interview in Davos Thursday.