President Donald Trump made good on one of his campaign promises in rejecting the Paris climate accord, saying he will either demand better terms or he will develop a new plan that will be more favorable to industry in the United States.The president hopes to be able to begin negotiations to re-enter the Paris Agreement under new terms, or create a new accord that is fair to American industry and its workers.It is somewhat of a bold move by the president and what the ramifications will be, we will have to see how things play out. Reaction from industries in the United States is mixed. Independent coal and gas companies applauded the president’s move.The Wall Street Journal reported that many large U.S. corporations opposed the move, including Exxon Mobile Corporation. General Electric Co. and Apple Inc. chief executives favored remaining in the pact.Many of the nation’s other corporations expressed disappointment and considered it a setback for the environment and for the U.S. leadership position in the world. There are those who argue the action by the president will have limited impact on investments and strategies.Will the Trump administration follow through on efforts to change terms in the pact that are more favorable to U.S. industries or craft an entirely new agreement? It is doubtful if all the countries in the present agreement would accept an entirely new plan.A better plan by the U.S. would be to remain in the Paris Agreement and work for changes, although those efforts have failed in the past. A full withdrawal will take years under terms agreed to in 2016.Overall, President Trump’s action sent a message to the world that the accord is not in the best interests of the U.S. However, in the U.S. there isn’t agreement that the president did the right thing.