Donald Trump said Thursday that in his first 100 days as president, he would unravel the Obama administration’s legacy of overregulation.
Trump laid out his 100-day “action plan” for energy on Thursday in a major policy speech in Bismarck, N.D.
First, he would rescind all “job-killing” regulations, “including the Climate Action Plan and the Waters of the U.S. rule,” he said.
Second, “We’re going to save the coal industry … and other industries threatened by [Hillary] Clinton’s extremist agenda.”
Third, he would ask the company TransCanada to resubmit its application to build the Keystone XL pipeline. He said the pipeline is a massive job creator that President Obama rejected even though the State Department said it was safe and not a threat to the environment.
Trump said he would add stipulations to the permit that would take a portion of the pipelines revenue to be used as a tax rebate for Americans.
Fourth, he would revoke policies on new drilling technologies to improve upon the current methods being used in shale and offshore production.
Fifth, “we are going to cancel the Paris climate agreement.” In addition, Trump would stop sending U.S. tax dollars to U.N. programs to address global warming, alluding to the Green Climate Fund that aims to provide $100 billion a year by 2020 to help small countries cope with the effects of global warming.
“We can’t be sending our money all over the world,” Trump said. “It’s not 40 years ago. Its not 20 years ago. We’ve got a lot of problems.” He said the money should be used to keep jobs in the country, and bring back jobs from overseas.
In addition, he would install a test to gauge the need for new regulations. “Any regulation that is outdated, unnecessary, bad for workers or contrary to the nations interest will be scrapped,” he said.
“Any future regulation will go through a test: Is this regulation good for the American worker? If it doesn’t pass this test, this rule will not be, under any circumstances, approved.”
