Trump prepares to withdraw from Paris climate agreement, NYT reports

(Reuters) -U.S. President-elect Donald Trump’s transition team has prepared executive orders and proclamations on withdrawing from the Paris climate agreement and shrinking the size of some national monuments to allow more drilling and mining, the New York Times (NYSE:NYT) reported on Friday.

Trump is also expected to end the pause on permitting new liquefied natural gas exports to big markets in Asia and Europe and revoke a waiver that allows California and other states to have tighter pollution standards, according to the report.

Trump promised during his campaign to take many of the actions listed in the report. Karoline Leavitt, a spokeswoman for the Trump transition team, said in a response to a Reuters request that the results of Tuesday’s election gave him a “mandate to implement the promises he made on the campaign trail. He will deliver.”

The administration of President Joe Biden paused approvals of new LNG exports in January in order to complete a study on the environmental and economic impact of the exports. The U.S. Energy Department will have a draft updated analysis out for a 60-day public comment period before the end of the year, a department official said.

Some people on the transition team are discussing moving the headquarters of the Environmental Protection Agency out of Washington, the report said, citing unnamed people involved in the discussions.

This post is originally published on INVESTING.

  • Related Posts

    Oil falls after Trump reverses Colombia sanctions threat

    By Anna Hirtenstein LONDON (Reuters) -Oil prices wavered on Monday after the U.S. and Colombia reached a deal on deportations, reducing immediate concern over oil supply disruptions but keeping traders…

    Dollar gains on tariffs fears; euro looks to ECB meeting

    Investing.com – The US dollar slipped lower Monday, rebounding after recent losses as attention returned to the potential for trade tariffs from the Trump administration at the start of a…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    U.S. Tariffs and Gold Demand: Impact on India and Gold Market

    • August 5, 2025
    U.S. Tariffs and Gold Demand: Impact on India and Gold Market

    UK Company Directors Must Verify Identity or Risk Losing Role Under New Law Starting November

    • August 5, 2025
    UK Company Directors Must Verify Identity or Risk Losing Role Under New Law Starting November

    UK Company Directors Must Verify Identity or Risk Losing Role Under New Law

    • August 5, 2025
    UK Company Directors Must Verify Identity or Risk Losing Role Under New Law

    How to Use a One-Cancels-the-Other (OCO) Order in Forex?

    • August 5, 2025
    How to Use a One-Cancels-the-Other (OCO) Order in Forex?