Trump Determination: Climate Change and Market Trends

trump determination: The move is another indication of the Trump administration's determination to buck both global consensus about the need to act on climate change and market trends, as the President courts what he calls the beautiful, clean coal industry, according to CNN. Thursday's rollback comes as the world gathers in Poland for what is being dubbed the most important meeting on climate change since the 2015 Paris Agreement, which President Donald Trump has criticized repeatedly. Trump's pick for EPA already rolling back climate change protections Environmental Protection Agency acting Administrator Andrew Wheeler, a former coal industry lobbyist, is expected to make the announcement Thursday. The move also comes a week after the US insisted on amending a G20 communique by adding a graph emphasizing that the US reiterates its decision to withdraw from the Paris Agreement, and affirms its strong commitment to economic growth and energy access and security, utilizing all energy sources and technologies, while protecting the environment. The Trump administration would greenlight new coal plants that use newer and more efficient boilers and related technology, the Times reports, citing officials familiar with the proposal. Read More The Obama administration rule required new coal plants to be equipped with technology that could capture and store carbon, creating such a high limit on emissions that it effectively restricted the construction of new factories. (news.financializer.com). As reported in the news.

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