Trump Vows To Suspend 'All Environmental Approvals' For Any Billion-Dollar Investor

Former President Donald Trump

President-elect Donald Trump

President-elect Donald Trump pledged to fast-track permits and tamp down regulations, including environmental, for any entity that wants to invest $1 billion or more in America, while offering no specifics or parameters, including how the federal government could arbitrarily overrule state and local laws.

“Any person or company investing ONE BILLION DOLLARS, OR MORE, in the United States of America, will receive fully expedited approvals and permits, including, but in no way limited to, all Environmental approvals. GET READY TO ROCK!!!” Trump wrote on his Truth Social website.

During the campaign, Trump told oil and gas executives and lobbyists at a closed-door Mar-a-Lago fundraiser that if they invested $1 billion in his campaign, he would scale back or remove environmental regulations.

“Attendees included executives from ExxonMobil, EQT Corporation and the American Petroleum Institute, which lobbies for the oil industry,” The New York Times had reported in May. “The event was organized by the oil billionaire Harold Hamm, who has for years helped to shape Republican energy policies.”

Trump has announced his nominee for Secretary of the Interior will be North Dakota Governor Doug Burgum.

“Under the National Environmental Policy Act,” Forbes reports, “the federal government is required to conduct environmental reviews before approving energy production plans, infrastructure builds and other projects. How Trump will help investors get around regulations isn’t clear, but Trump has vowed to increase domestic production of oil and natural gas, projects that are often stymied or killed in the regulatory process.”

Critics blasted Trump’s statement.

314Action, which says it is “the only organization in the nation focused on recruiting, training, and electing Democrats with a background in science to public office,” wrote: “To tackle the climate crisis, Congress needs to pass and enforce bold, evidence-based legislation. However, Donald Trump doesn’t believe that billionaires should have to follow the law. In his world, they can pay-to-play and bypass crucial environmental protections. That’s why we’ll always fight to #ElectScientists who will fight back against his anti-science agenda and hold these bad actors accountable.”

“A government of oligarchs that will exist to solely serve the interests of oligarchs while distracting working people with culture wars. Foreign corporations & persons can loot & pollute the US and bypass regs that protect the health of Americans as long as they got lots of cash,” observed MeidasTouch editor-in-chief Ron Filipkowski.

Journalist David Leavitt asked, “How many animals will go extinct because of this? How much quicker will this hasten the destruction of our planet?”

Reprinted with permission from Alternet.

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