One day after Trump's inauguration, oil and gas billionaires see their total wealth boosted by more than $3 billion.
On the first day of his Presidency, Donald Trump declared an “energy emergency”. It is part of a raft of measures to boost America’s already colossal fossil fuel production, backed up by claims that the country needs to tackle high energy prices and prepare for increased demand from “the next generation of technology”.
Commodities tied to clean energy and electrification showed resilience in 2024, despite the global manufacturing slowdown and Trump’s roll back of “green” agenda items.
President Donald Trump has wasted no time dismantling climate policies and promising a new era of fossil-fuel dominance, withdrawing the US from the Paris Agreement on his first day back in office.
President Donald Trump, in a flurry of climate and energy-related orders on Monday, made it clear he wants to turn his back on nearly a decade of climate action and smooth the way for the fossil fuel industry in the United States.
The misuse of power under Donald Trump is to be taken for granted. Monday ’s list of executive actions on behalf of the fossil-fuel industry was entirely expected—this time around, there is no hesitation about withdrawing from the Paris climate accord (a decision that took four months in his first term),
His day 1 declarations aim to cripple clean energy, boost major polluters, and undermine actions meant to safeguard humanity.
Democratic-led states and civil rights groups filed a slew of lawsuits challenging U.S. President Donald Trump's bid to roll back birthright citizenship on Tuesday in an early bid by his opponents to block his agenda in court.
By declaring a national emergency on energy, Trump will make it a priority of his administration to increase the domestic production of oil and other forms of fossil-fuel energy, officials said. It comes as U.S. crude oil production has already hit an all-time high over the past year.
Newly inaugurated President Donald Trump plans executive action that could deepen climate change's impact on Arizona.
In his first hours in the White House, President Trump ordered the government to resume processing LNG export permits, reversed actions to close parts of Alaska and federal
President Trump is preparing to declare a national energy emergency and sign executive orders to boost domestic energy production and reverse Biden's climate policies.