The President who shoved his radical agenda down the throats of Americans is about to watch his legacy unwind in favor of jobs and a stronger economy…
President Obama’s eight-year effort to rein in the energy and mining industries with environmental regulations will likely come to a halt under President-elect Donald Trump, who is poised to green-light key job-creating projects from the Atlantic Coast to Alaska.
With the election of Donald Trump — and a transition team that includes GOP energy lobbyist Mike McKenna and outspoken climate change skeptic Myron Ebell — both sides now see their fortunes reversing amid Trump’s promise to rescind Obama’s signature Clean Power Plan and jump-start oil, and natural gas projects.
“I think 80 percent of President Obama’s policies will be reversed very soon after Trump moves into the White House,” Robert McNally, the president of the Rapidan Group, the energy consulting firm, and former official in the George W. Bush administration, told FoxNews.com. “The Trump administration will reverse the global warming principles enacted under Obama and he will stop the politicization of infrastructure. This will definitely spur on the growth of the oil and gas industries.”
Here are three projects that could be revived soon after Trump takes office in January:
Keystone XL Pipeline
One of the biggest environmental flashpoints of Obama’s presidency, the pipeline’s final phase – which would create a shorter route for American and Canadian crude oil coming from Alberta to Nebraska – was rejected by Obama for not serving “the national interests of the United States.”
Keystone XL faced stiff opposition from environmental groups and a minority of U.S. lawmakers amid concerns of oil spills in highly sensitive ecological terrain and worries from the Environmental Protection Agency about large increases in greenhouse gas emissions from Alberta’s carbon intensive oil sands.
Throughout his campaign Trump vowed to “immediately approve the Keystone XL pipeline” — adding he believed it would have no environmental impact and would create hundreds of jobs — and Senate Majority Leader Mitch McConnell of Kentucky is already pressing the president-elect to make it a priority in his first 100 days.