Oil Industry Licks Its Chops for Potential Trump Win as Climate Experts Sound Alarm

  • 📰 RollingStone
  • ⏱ Reading Time:
  • 63 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

The oil and gas industry is preparing for a potential second Donald Trump presidency with a slate of executive orders ready to be signed on Day One.

international climate scientists predict global warming will blaze past a dangerous threshold, the oil and gas industry is preparing for a potential seconda half-dozen lawyers and lobbyists within the fossil fuel industry who said executive orders were being drafted in case Trump is re-elected.

Oil industry lawyers have taken it upon themselves to fill the gap, drafting executive orders undoing Biden’s policies if Trump’s put back in the White House, according to Stephen Brown, a former lobbyist and director of energy consulting firm RBJ Strategies. “You’ll see a lot of Biden regulations that have come out in the past six months checked one way or another,” Brown told” to increase oil and natural gas production domestically in order to lower consumer energy costs, regardless of the environmental impact. Thethat “President Trump will once again exit the horrendously unfair Paris Climate Accords,” referring to the 2015 Paris Agreement which set a goal of capping global temperature increase to under 2°C, and aiming for a limit of 1.

The poll also asked the scientists why they thought the global response to climate change was not measuring up to stated goals. Nearly 75 percent cited a lack of political will, while 60 percent cited vested corporate interests — like the oil and gas industry insiders setting the table for a second Trump term.Emily Blunt Says She's 'Absolutely' Wanted to Throw Up After Kissing Certain Actors During Filming: 'I've Definitely Not Enjoyed Some of It.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 483. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Oil industry penning orders for Trump to sign on day oneThe effort stems from the industry’s skepticism that the Trump campaign will be able to focus on energy issues as election day draws closer.
Source: politico - 🏆 381. / 59 Read more »

Big Oil, Plastics Industry Led 'Campaign of Deception' to Push Recycling FraudOlivia Rosane is a staff writer for Common Dreams.
Source: commondreams - 🏆 530. / 51 Read more »

Department of the Interior Strengthens Financial Assurance Requirements for Offshore Oil and Gas IndustryThe Department of the Interior announces a final rule to protect taxpayers from covering costs that should be borne by the oil and gas industry when offshore platforms require decommissioning.
Source: cleantechnica - 🏆 565. / 51 Read more »

U.S. to remove sanctions relief on Venezuelan oil industryThe White House will restart sanctions on Venezuela's oil and gas industry that were put on hold six months ago to encourage President Nicolas Maduro to support free and fair elections in his country.
Source: WashTimes - 🏆 235. / 63 Read more »

California's oil watchdog calls out industry for high gas prices; refiners push backCalifornia's oil watchdog calls out industry for high gas prices; refiners push back. The average price for a gallon of regular in San Diego stood at $5.347 on Wednesday
Source: sdut - 🏆 5. / 95 Read more »