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    Home»Markets»Futures & Commodities»Trump prepares to withdraw from Paris climate agreement, NYT reports By Reuters
    Futures & Commodities

    Trump prepares to withdraw from Paris climate agreement, NYT reports By Reuters

    Press RoomBy Press RoomNovember 8, 2024No Comments2 Mins Read
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    (Reuters) -U.S. President-elect Donald Trump’s transition team has prepared executive orders and proclamations on withdrawing from the Paris climate agreement and shrinking the size of some national monuments to allow more drilling and mining, the New York Times (NYSE:) reported on Friday.

    Trump is also expected to end the pause on permitting new liquefied exports to big markets in Asia and Europe and revoke a waiver that allows California and other states to have tighter pollution standards, according to the report.

    Trump promised during his campaign to take many of the actions listed in the report. Karoline Leavitt, a spokeswoman for the Trump transition team, said in a response to a Reuters request that the results of Tuesday’s election gave him a “mandate to implement the promises he made on the campaign trail. He will deliver.”

    The administration of President Joe Biden paused approvals of new LNG exports in January in order to complete a study on the environmental and economic impact of the exports. The U.S. Energy Department will have a draft updated analysis out for a 60-day public comment period before the end of the year, a department official said.

    Some people on the transition team are discussing moving the headquarters of the Environmental Protection Agency out of Washington, the report said, citing unnamed people involved in the discussions.

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