Written by Cláudio Afonso | [email protected] | LinkedIn | X
Donald Trump, the Republican presidential candidate running against Biden in the upcoming presidential election on November 5, promised to overturn many of the Biden administration’s environmental regulations.
According to the Washington Post report, Trump reaffirmed in a meeting with top U.S. oil executives that he is committed to reversing many of the measures Biden implemented to combat climate change.
In the last quarter of 2023, electric vehicle (EV) sales in the US surged by 40 percent compared to the previous year, reaching nearly 1.2 million vehicles, according to data from Cox Automotive. Additionally, the total EV market share in the US increased from 5.9 to 7.6 percent compared to the previous year.
While requesting $1 billion in campaign contributions from the executives, the candidate assured them he would end Biden’s emissions regulations supporting electric vehicles and lift the freeze on permits for new liquefied natural gas exports.
The meeting, held last month at Trump’s Mar-a-Lago Club last month, included CEOs from Venture Global, Cheniere Energy, and representatives from Chevron, Continental Resources, Exxon, and Occidental Petroleum.
The United States has been taking a more conservative approach than the European Union and UK, which plan to ban all sales of ice combustion engine cars in 11 years.
Written by Cláudio Afonso | [email protected] | LinkedIn | X
