The U.S. Department of Treasury announced that it will vote to support fossil fuel projects in developing countries through multilateral development banks (MDBs) such as the World Bank. This would be a major shift from the department’s position under President Obama, in which it opposed nearly all foreign coal-financing projects due to the negative environmental and economic consequences of climate change. The Trump administration’s push to “help countries access and use fossil fuels more cleanly and efficiently” promotes a pro–fossil fuel agenda on the international scene, ignores the poor economics of coal plants, and challenges the emissions-cutting goals of other nations under the Paris climate agreement.
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Expert BlogTheo Spencer
President Trump acted today to derail the effort to overhaul a broken federal coal leasing program that’s short-changed taxpayers more than $30 billion. He did so by issuing an Executive Order that would lift the moratorium on new leasing enacted…
Expert BlogJake Schmidt
After Trump made a reckless decision yesterday to withdraw the U.S. from the Paris Agreement I was privileged to join an impromptu rally outside the White House to let President Trump know that the American public strongly disagree with his…
Latest NewsUnited StatesClara Chaisson
Where Trump has failed Americans, local governments and businesses are rising to the occasion.