Why the Trump Administration is Rolling Back a Climate Rule that Big Oil Actually Likes
Release Date: 09/03/2020
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When he first ran for President, Donald Trump was called the “chaos candidate”. And to bitter end, that has been borne out. But another kind of radical change has happened over the last four years, often out of the headlines. So, for our last episode, we take stock of the past four years.
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info_outline Why the Trump Administration is Rolling Back a Climate Rule that Big Oil Actually LikesTrump on Earth
Trump's EPA recently announced that it was rolling back yet another big Obama-era climate rule. This time the target was emissions of the powerful greenhouse gas methane. The Obama administration created the rule in 2016 and some big oil companies actually wanted the administration to keep it. But the Trump administration did away with it anyway. Why? Tim Puko covers energy policy at the Wall Street Journal and he explains that there is a legal strategy at play aimed at future climate regulations.
info_outlineTrump's EPA recently announced that it was rolling back yet another big Obama-era climate rule. This time, the target was a rule on oil and gas emissions of methane, the powerful greenhouse gas that is the main component of natural gas. The Obama administration created the rule in 2016 and some big oil companies actually wanted the administration to keep it. But the Trump administration did away with it anyway. Why?
Our guest is Tim Puko. He covers energy policy at the Wall Street Journal and he explains that there is a legal strategy at play aimed at future climate regulations.