Trump Seeks $1 Billion From Oil Firms To Scrap Biden Climate Policies

Vinod Dsouza
donald trump
Source: CNN

The race for the presidential election heats up as Trump is pulling all the strings to beat his rival Biden. The former president is looking to return to the White House and overturn Biden’s policies when he’s in office. Specifically, Trump revealed that he plans to reverse Biden’s environment and climate change policies.

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Trump seeks $1 billion in campaign funds from top oil companies and executives, pledging to overturn Biden’s environmental policies. The former president promised to scrap all energy and climate policies that Biden put in place that impacted oil companies. His response to executives, “You all are wealthy enough,” he said, and continued, “You should raise $1 billion to return me to the White House,” reported the Washington Post.

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Trump Aims To Raise $1 Billion To Help US Oil Firms From Biden’s Climate Policies

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The former president was pro-oil during his tenure at the White House between 2017 and 2021. He met with top industry leaders at the Mar-a-Lago Club last month to hear their grievances. He pledged during the meeting that he would reverse several of Biden’s climate policies that hurt US oil firms.

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The changes would also include electric vehicle (EV) mandates, wind energy initiatives, and other regulations. The US oil and gas industry had opposed the policies as it cut into their revenues. The oil and gas sector has opposed almost all of Biden’s policies since he took over office and now Trump plans to reverse course.

The presidential elections will be held on November 5, 2024, with Trump and Biden competing against each other again. Biden beat Trump in 2020 on the heels of the COVID-19 pandemic that gripped the world. The majority of polls indicate that Trump might beat Biden this time around as the majority of Americans are unhappy with the president.