Author Topic: Trump’s energy juggernaut faces a more daunting Year 2  (Read 447 times)

0 Members and 1 Guest are viewing this topic.

Offline corbe

  • Hero Member
  • *****
  • Posts: 38,559

Trump’s energy juggernaut faces a more daunting Year 2


Legal challenges and market forces will have a lot to say about the success or failure of his pro-fossil-fuel agenda.
 
By BEN LEFEBVRE
  | 01/23/2018 05:01 AM EST

 
President Donald Trump has resurrected the Keystone XL pipeline, renounced the Paris climate agreement, opened a long-disputed Alaska refuge to oil drilling and ordered his agencies to erase Obama-era regulations on the petroleum, coal and power industries — all in the name of asserting U.S. “energy dominance.”

But from here on, his victories will become harder to achieve.

Reversing Barack Obama’s environmental and energy agenda is one of the Trump administration’s big first-year successes, alongside achievements like December’s $1.5 trillion tax overhaul. It has certainly been one of Trump's most persistent strategies, as his agencies have moved to revoke Obama’s climate and water regulations, ease limits on fracking, wipe out drilling restrictions on almost the entire U.S. coastline and postpone energy-efficiency requirements.

Now, however, the courts will have their say in how far these rollbacks go, as much of Trump’s deregulatory agenda faces legal challenges from state attorneys general and environmental groups stretching from D.C. to California.

More seriously, the parts of Trump’s agenda that survive may not have the deep impact that he is promising — especially as the nation moves into the second decade of a boom that has already made the U.S. the world's biggest oil and gas producer, and as market forces continue to take a bite out of coal.

“We already seem to have more oil than we can say grace over,” said John Northington, a former Clinton-era Interior Department official now working as an energy consultant. “I don’t think the new policies will have any impact on the market. A lot of the rulemaking they’ve proposed will be held up in courts or overturned.”

<..snip..>

https://www.politico.com/story/2018/01/23/trump-energy-pipeline-drilling-paris-climate-353585
No government in the 12,000 years of modern mankind history has led its people into anything but the history books with a simple lesson, don't let this happen to you.

Offline endicom

  • Hero Member
  • *****
  • Posts: 10,113
Re: Trump’s energy juggernaut faces a more daunting Year 2
« Reply #1 on: January 24, 2018, 03:57:17 am »
I don't think Perry will like that picture.

Team Trump should do what the opposition does and just keep plugging away at removing deleterious restrictions. If Judge Sludge counters one move then try another.


Offline Frank Cannon

  • Hero Member
  • *****
  • Posts: 26,097
  • Gender: Male
Re: Trump’s energy juggernaut faces a more daunting Year 2
« Reply #2 on: January 24, 2018, 04:04:30 am »
LOL. Oh No! Some Clinton and Obama hacks THINK Donny is going to have is stuff blocked in court. I have one word for these professional ass hats: Gorsich.