Trump's Day One Climate Destruction Package: Fossil Fuel Industry's Return on Investment

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Trump's Day One Climate Destruction Package: Fossil Fuel Industry's Return on Investment
Climate CrisisFossil FuelsDonald Trump
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A scathing analysis of Donald Trump's inaugural executive orders, revealing their devastating impact on climate progress and communities worldwide. The article highlights the fossil fuel industry's influence in securing Trump's victory and their anticipated return on investment through these policies. It emphasizes the urgency of collective action to resist fossil fuel expansion and secure a just, clean energy future.

As Donald Trump prepares to assume the presidency, fossil fuel industry executives anticipate a substantial return on their $75 million investment in his campaign. Trump's inaugural executive orders constitute a comprehensive assault on climate progress and communities worldwide.

Elizabeth Bast, Executive Director of Oil Change International, issued a stark statement: 'As Trump returns to office, we're witnessing the devastating consequences of the fossil fuel industry's undue influence over our democracy. From the ongoing wildfires ravaging Los Angeles to the destruction wrought by Hurricane Helene in Asheville, and the unprecedented droughts and floods plaguing Southern Africa, the climate crisis is escalating at an alarming rate. These catastrophic events are fueled by fossil fuel executives who prioritize profits over the well-being of future generations.The fossil fuel industry invested $75 million to secure Trump's victory, and now they expect a lucrative payback. By appointing fossil fuel CEOs to key Cabinet positions and formulating plans to dismantle crucial environmental safeguards, Trump is essentially granting these corporations a blank check to expand their operations at a time when we urgently need to curtail fossil fuel extraction. However, the insatiable greed of fossil fuel billionaires and their political allies cannot override the collective power of our movements. In communities across America and around the globe, we are united in our resistance not only to toxic fossil fuel projects but also to the bigotry, hatred, and division that perpetuate corporate dominance. Every pipeline we thwart, every permit we block, and every community we protect ushers us closer to the equitable, fossil-free future that is within our reach. We have confronted hostile administrations before, and we know that when we stand together, we prevail.'Trump's inaugural Day One Climate Destruction Package encompasses several alarming initiatives:- **Withdrawal from the Paris Climate Agreement:** At COP28, nations pledged to transition away from fossil fuels. Now, countries must develop national plans to end fossil fuel expansion and seize the economic opportunities presented by renewable energy, opportunities that the United States is recklessly abandoning. Oil Change International research reveals that wealthy nations can mobilize trillions of dollars for climate action by curtailing fossil fuel subsidies, holding polluters accountable, and reforming unfair global financial structures to create jobs, enhance air quality, and reduce energy costs. None of this requires U.S. membership in the Paris Agreement. Global momentum to address the climate crisis will not be thwarted by a single individual.- **Lifting the Pause on New Liquified Natural Gas (LNG) Exports:** The Department of Energy's recent studies on LNG further solidify the overwhelming evidence that U.S. LNG exports result in higher energy bills, accelerated climate chaos, toxic pollution in vulnerable communities, and LNG expansion outpacing global demand. By lifting the current moratorium on new LNG exports, Trump is prioritizing the profits of his fossil fuel benefactors over the economic realities of LNG expansion and neglecting the public's interest in lower energy bills, clean air, clean water, and protection from climate disasters.- **Declaring an Energy Emergency to Supercharge Fossil Fuel Production:** Instead of confronting the urgent reality of the climate crisis, exemplified by ongoing wildfires in California, Trump's proposed energy emergency declaration is another attempt to bolster the profits of his fossil fuel patrons rather than serving the needs of the American people. U.S. oil and gas production is already at record highs, while American jobs in the oil and gas sector have declined, and global demand for fossil fuels is projected to peak within the next five years. Over 90% of U.S. counties experienced a federally declared climate disaster between 2011 and 2023. Instead of catering to the fossil fuel industry, our government should be responding to the pressing crisis at hand by funding disaster relief and halting fossil fuel expansion.- **Public Lands Drilling Expansion:** Any expansion of fossil fuel production is fundamentally incompatible with the 1.5°C target aimed at mitigating the impacts of the climate crisis, according to the International Energy Agency. Expanding drilling on public lands will inevitably lead to more fires, floods, and toxic pollution.- **Keystone XL Pipeline Revival Attempt:** Despite any potential executive orders from the Trump administration, significant obstacles prevent the revival of the Keystone XL pipeline. TC Energy has withdrawn from the project, and the necessary land easements for construction are no longer in place. Whether Trump desires it or not, the global energy transition is unfolding, and fossil fuels will ultimately be phased out. Renewable energy is demonstrably cheaper, cleaner, and safer, and the transition has become unstoppable. Trump was powerless to halt the decline of coal in the United States, and he will be unable to impede the rise of renewable energy.

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