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sop

(11,417 posts)
2. Big Oil will give Trump the $1Billion he asked for during the campaign.
Thu Dec 5, 2024, 07:59 AM
Dec 5

"Washington, D.C.— Following reports that former President Donald Trump made quid pro quo propositions to Big Oil executives—promising to roll back climate policies if he were re-elected in exchange for donations to his campaign—Senate Budget Committee Chairman Sheldon Whitehouse (D-RI) and Senate Finance Committee Chair Ron Wyden (D-OR) are demanding answers from nine oil and gas companies and their trade associations."

"As has been widely reported, former President Trump requested $1 billion in campaign contributions from fossil fuel industry executives, promising in turn to roll back environmental regulations, hasten permitting and leasing approvals, and preserve or enhance tax benefits that the oil and gas industry enjoys. This policies-for-money transaction is particularly concerning given other reports that the oil and gas industry is drafting 'ready-to-sign' executive orders eviscerating environmental policies, to be signed by Mr. Trump if elected."

“'Time and time again, both Mr. Trump and the U.S. oil and gas industry have proved they are willing to sell out Americans to pad their own pockets,' wrote the Senators. 'As Mr. Trump funnels campaign money into his businesses and uses it as a slush fund to pay his legal fees, Big Oil has been lobbying aggressively to protect and expand its profits at the expense of the American taxpayer. And now, emboldened by impunity, Mr. Trump and Big Oil are flaunting their indifference to U.S. citizens’ economic well-being for all to see, conferring on how to trade campaign cash for policy changes. Such potential abuses must be scrutinized.'”

https://www.budget.senate.gov/chairman/newsroom/press/budget-finance-committees-launch-joint-investigation-into-donald-trumps-quid-pro-quo-offer-to-big-oil-

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