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Published

Trump's Embrace of Fossil Fuels Threatens National Security

  • Trump signed an executive order on unleashing American energy, lifting the moratorium on new licenses to export liquid natural gas on his first day in office.
  • Venture Global, a $1 million donor to Trump's inaugural committee, is seeking approval for its CP2 LNG terminal to export natural gas to Europe and Asia.
  • Trump's energy policies aim to strengthen economic and military security through increased fossil fuel production, despite potential contradictions in the market.
  • The lifting of the moratorium may increase US natural gas prices, impacting domestic electricity costs, while renewables may not receive much support under Trump's administration.
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  • 67% of the sources lean Left
67% Left
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