Published: Thu, March 30, 2017
Economy | By Melissa Porter

Trump to gut Obama climate policy

Trump to gut Obama climate policy

During the president's maiden visit to the Environmental Protection Agency, he signed the Energy Independence Executive Order, which cuts EPA regulations in order to support Mr Trump's plan of cutting the agency's budget by a third.

"The war on coal is over", said Vice President Mike Pence at an executive order signing ceremony Tuesday, flanked by Secretary of Energy Rick Perry, Interior Secretary Ryan Zinke and EPA Administrator Scott Pruitt. He said the executive order will help boost domestic production of fossil fuels.

The European Union's climate chief has expressed "regret" at U.S. president Donald Trump's executive order on Tuesday (28 March) aimed at ending policy that sets limits to how much greenhouse gas emissions American power plants can emit.

The company describes the agreement as "an effective framework for addressing the risks of climate change", and highlights opportunities for U.S. businesses in the Paris framework for curbing greenhouse gas emissions.

The governors of California and NY said Tuesday that they will push ahead with their aggressive climate change policies despite President Donald Trump's executive order that seeks to boost the coal industry.

Other regulations under "review" will be the reduction of methane in oil and natural gas production and limits on fracking. "It says you are going back to work".

Throughout the election, Trump accused the former president of waging "a war" against coal as he campaigned in economically depressed swaths of states like West Virginia, Pennsylvania and Ohio.

Trump's order is not likely to affect the U.S.'s need to import some oil because it mostly targets coal, which is used to generate electricity, and will have less impact on oil used in transportation, said Mark Barteau, who directs an energy institute at the University of MI.

The Trump administration has not said whether it will pull out of the Paris deal.

Trump signed the controversial executive order to radically change his predecessor's climate policies, dealing a body blow to worldwide efforts to combat global warming.

The targeted plan called on governments to reduce carbon emissions from power plants and had an overall goal of cutting missions by at least 26% by 2025.

Asked about Trump's order at a regular news briefing, Lu didn't mention the United States or the American president but said Beijing was committed to carrying out its pledges under the Paris climate agreement negotiated in 2015.

In 2008, there were 88,000 coal miners in the United States, according to the US Energy Information Administration.

"We risk throwing away decades of hard work growing the clean energy economy and connecting our nation's workers to the jobs of the future with this partisan and misguided action", said Indian-American Congressman Ami Bera, who is a Ranking Member of the Space Subcommittee of the House Committee on Science, Space and Technology.

American Electric Power still burns coal at the Cardinal Plant in Jefferson County, Ohio, though the company plans to transition this generator to run on natural gas no later than 2030.

Trump's order on coal-fired power plants follows an executive order he signed last month mandating a review of an Obama-era rule aimed at protecting small streams and wetlands from development and pollution.

China is keen to be seen leading the way in reducing climate change which Trump has in the past dismissed as a "hoax". "It also underscores the importance of our achievement in halting the rule's enforcement, while reinforcing the Supreme Court's message - proponents of the Power Plan should put their pencils down". Addressing the U.S.'s largest source of carbon pollution, Schneiderman said in his office's news release that it "is essential" in mitigating climate change's negative impacts.

Given that private sector investment in the renewable energy industry hit $350 billion in 2016 globally, outpacing new investment in the oil and gas sector for the first time, Kelly said she expects the "marketplace is going to go forward regardless of what the White House does".

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