Trump Reportedly Asks Fossil Fuel CEOs For $1 Billion
HuffPost
In exchange, the former president vowed to undo many of President Joe Biden's green energy policies.
Former President Donald Trump is more than happy to fulfill the oil and gas industry’s wish list if he’s reelected — but he has an asking price.
Trump reportedly solicited top oil and gas executives to give $1 billion for his campaign to return to the White House, vowing in return to undo many of President Joe Biden’s green energy policies if he is elected in November.
Trump hosted the country’s top fossil fuel CEOs at his Mar-a-Lago club in Florida last month when he “stunned” executives with the ask, according to The Washington Post. The $1 billion sum would ultimately be a “deal” for the fossil fuel industry, Trump reportedly told the executives, because of the money they would save with him in office. An anonymous industry source told the Post that Trump is likely to get some funds.
The oil and fossil fuel industry has long made its alliances with the Republican Party, which generally supports and promotes fossil fuels. Ahead of the 2024 election, the industry has been drawing up “ready-to-sign” executive orders for Trump if he wins the presidency, aimed at expanding natural gas exports and increasing offshore oil leases, Politico reported this week.
A second Trump term would mean a sharp departure from Biden’s agenda of clean energy, electric vehicles and historic efforts to fight climate change. The former president has falsely called global warming a “hoax” and has vowed to unravel Biden’s landmark climate programs included in the Inflation Reduction Act.
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