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ROME Nike Hyperadapt España Baratas , June 2 (Xinhua) -- U.S. President Donald Trump's decision to pull out of the Paris Climate Agreement will hurt his own people first and puts his country at odds with the world, several Italian experts agreed Friday.


In his announcement Thursday, Trump said he wants to free domestic oil and coal industries from the constraints of the Paris deal, which went into effect in 2016.


However, his decision will penalize U.S. renewables and alternative energies companies, which operate in a fast-growing sector that is posting gains around the world.


In terms of revenue Nike Hyperadapt España , the global renewable energy market is expected to increase to 777.6 billion U.S. dollars by 2019, with an annual growth rate of 10.3 percent in 2014-2019, according to analysts at Business Wire.


"A large part of the U.S. economy disagrees with (Trump's) choice," Greenpeace Italy director Giuseppe Onufrio said in a televised interview.


"The Paris Agreement was based not only on the justified concern of the scientific community (but also) on an underlying U.S.-China accord worth 1 trillion U.S. dollars to promote renewable and alternative energy sources," Onufrio pointed out.


"One thing Trump cannot do -- he cannot change the cost dynamics of the alternative and renewables sector. Today, even maritime wind power costs less than coal Hombre Nike Hyperdunk X Negras Blancas España ," he said.


The Paris Agreement provides for technology transfer and financing from developed to developing countries to convert economies to sustainable energy, among other measures.


"The climate challenge is primarily one of industrial innovation," said Onufrio. "By combining U.S. and European innovation with the volume of China's market, costs will decrease very rapidly."


He added investments to be made over the next 25 years