EnergyWatch

Trump launches cutbacks of climate policies

After long threatening to rollback Obama's climate policies, Donald Trump has signed a degree to dismantle climate change efforts in favour of oil and gas.

Photo: Pablo Martinez Monsivais

The US will be a much more friendly country to investments coal and oil  while close to a decade of efforts to reduce the country's CO2 emissions will be slashed. Meanwhile, the Environmental Protection Agency (EPA) has seen its resources stripped back after President Donald Trump paid a visit yesterday in order to sign a decree dismantling the environmental protections which are a centrepiece of President Obama's environmental legacy.

The Trump administration will rollback Obama's Clean Power Plan on the grounds that it hinders oil drilling and coal mine operations.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Siemens Gamesa's deep financial woes are halfway self-inflicted

Despite successfully forwarding the external costs to customers, onshore wind projects valued at EUR 2bn are being delivered at zero-profit margins in the years to come, according to the turbine maker’s CEO. Here and there, things might have moved a bit too fast.

Siemens Gamesa drags down majority shareholder

Despite better sales than expected in the gas business, Siemens Energy downgrades its full-year guidance in the wake of Siemens Gamesa’s announcement of potentially massive losses in 2022.

Further reading

Related articles

Latest News

See all jobs