Trump to remove climate change from environmental reviews: Bloomberg

© Reuters. US President Donald Trump arrives aboard Air Force One at Palm Beach International Airport in West Palm Beach

(Reuters) – President Donald Trump will sign an order to greatly reduce the role climate change plays in decision-making throughout the U.S. government, Bloomberg reported, citing a person familiar with the administration’s plan. .

The order, which could be signed this week, aims to reverse former Democratic President Barack Obama‘s broad approach to addressing climate change, according to the report. (http://bloom.bg/2nkDvKo)

The directive will urge the US Environmental Protection Agency to roll back the Clean Power Plan, according to the Bloomberg report.

The Clean Power Plan is Obama’s core initiative to combat climate change, requiring states to reduce carbon dioxide emissions, but it was never implemented due to legal challenges launched by several Republican states.

According to the report, the measure would order US regulators to repeal Obama-era regulations that limit emissions of methane from the oil industry, a potent greenhouse gas.

The order will also involve a reconsideration of the government’s use of a metric known as the “social cost of carbon,” which weighs the potential economic damage from climate change, Bloomberg reported Tuesday.

Trump has long signaled his intention to reverse Obama’s initiatives on climate change, but the Republican president has promised that his planned overhaul of green regulation would not jeopardize America’s air and water quality.

Reuters reported earlier this month that the White House had proposed cutting a quarter of the EPA’s budget, targeting climate change programs and those designed to prevent air and water pollution such as lead pollution.

The Bloomberg report said that some of the changes could happen immediately, while others could take years to implement.

Disclaimer: Fusion Media wishes to remind you that the data contained on this website is not necessarily accurate or in real time. All CFDs (stocks, indices, futures) and Forex prices are not provided by exchanges but by market makers, so the prices may not be accurate and may differ from the actual market price, which means that prices are indicative and not appropriate for commercial purposes. Therefore, Fusion Media assumes no responsibility for any business losses you may incur as a result of the use of this data.

Fusion Media or anyone involved with Fusion Media will not accept any responsibility for loss or damage as a result of reliance on information, including data, quotes, charts, and buy / sell signals contained on this website. Be fully informed about the risks and costs associated with trading financial markets, it is one of the riskiest investment forms possible.