Wednesday, April 19, 2017

Trump Mulling Reneging on Another Campaign Pledge, Thanks to Ivanka and Jared Kushner

-- Breaking the no global warming pledge would mean that President Trump isn't following the thinking of the people and would be a disaster for America except some in the energy industry. 
If this pledge is broken which of the other pledges is next?

Zero Hedge by The_Real_Fly

The global warming activist democrats in Trump's White House, led by Ivanka and Jared Kushner, are trying to convince the President to reneg on yet another campaign pledge, against the advice of Steve Bannon.

According to Bloomberg, a pro Paris bloc in his administration, which targets greenhouse emissions, is recruiting energy companies to lobby the President to remain in the controversial agreement that he specifically said was a waste of money during the campaign.

Liquified natural gas producer, $LNG, is an ardent supporter of the agreement, obvious reasons.
"Domestic energy companies are better positioned to compete globally if the United States remains a party to the Paris agreement," Cheniere wrote. The accord "is a useful instrument for fostering demand for America’s energy resources and supporting the continued growth of American industry."
Additionally, Exxon Mobil, Royal Dutch Shell Plc and BP Plc are pro agreement. This is classic crony capitalism. By erecting environmental obstacles, the above energy giants will, effectivley, create a moat around their businesses. No one actually believes BP or Exxon cares about global warming, right?


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