The World Health Organisation predicts that 250,000 people will die every year due to the health effects brought about by a polluted and warming planet, as malaria and dengue fever spread to new regions and food production is affected.
Scientists say Earth is likely to reach more unsafe levels of warming sooner if the USA retreats from its pledge because America contributes so much to rising temperatures.
Why did Donald Trump pull the plug?
Chevron spokeswoman Melissa Ritchie said her company "supports continuing with the Paris Agreement as it offers a first step towards a global framework".
Mr Trump tapped into the "America First" message he used when he was elected president a year ago, saying: "I was elected to represent the citizens of Pittsburgh, not Paris".
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Musk was one of 18 business leaders serving on Trump's chief business advisory council, known as the Strategic and Policy Forum. "The Paris accord is very unfair at the highest level to the United States".
The condemnation was quick and unflinching.
Fellow Republican, former California Governor Arnold Schwarzenegger, has lashed out at President Donald Trump for pulling out the U.S. out of Paris Climate deal on Friday. Exxon CEO Darren Woods wrote Trump a personal letter earlier this month asking him to remain in the pact, saying it ensures the U.S. is "well positioned to compete".
"The U.S. backing out of the Paris Agreement is taking the world in the wrong direction", said Carroll, adding that "the world can no longer be viewed as a bunch of independent tribes but as a community that must learn to work together".
The shift from coal to gas-fired power plants has also helped the USA cut greenhouse gas emissions, which peaked near the end of the Bush administration at above 7 million metric tons of carbon, and dropped to about 6.5 million metric tons by 2015.
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Mr Trump's predecessor, Barack Obama, said that the Trump administration rejects the future in pulling out of the pact.
President Donald Trump's decision to withdraw the U.S. from the Paris Agreement on tackling climate change has been labelled "an act of vandalism" and "irresponsible".
"Even without the USA as a party, Paris still represents our best chance of avoiding severe and destabilising climate change".
In an interview on Thursday, the president of the World Coal Association, Benjamin Sporton, told Reuters that he had mixed feelings about Trump's announcement, adding he was eager to see a USA policy that actively promotes a place for coal in the global energy mix.
What happens to the agreement now that the United States is out?
"That goal, which sought to limit warming to well below" a 2-degree Celsius (3.6-degree Fahrenheit) rise above preindustrial temperatures, was already a stretch before Trump announced the USA exit. Current pledges from the 195 signatories are not enough, with rises of 3.3C expected. We are increasing investments in renewable energy and energy efficiency.
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