Trump pledges to undo Biden’s climate plan, seeks $1 billion from oil CEOs

Former President Trump Asks Oil Executives for $1 Billion Donation

Former President Donald Trump recently hosted a dinner for oil executives and lobbyists at Mar-a-Lago, where he made a bold request. Trump asked the industry to donate $1 billion to his presidential campaign, promising to fulfill various industry demands in return.

Transactional Tone at Mar-a-Lago Event

During the event, attendees were surprised by Trump’s openly transactional approach. Representatives clarified that Trump was suggesting the oil industry should support his campaign, with the $1 billion donation boosting his chances of winning.

Industry Opposition to Biden’s Policies

The oil industry is actively campaigning against climate policies introduced under the Biden administration. This includes challenging new emissions regulations for passenger vehicles set by the EPA. Despite this opposition, the industry has seen significant success under the current administration.

Automotive Industry Support for EPA Regulations

In contrast to the oil industry’s stance, the automotive industry has expressed support for the EPA’s emissions rules. They seek consistency across jurisdictions and have heavily invested in electric vehicle technology development. The clash between these industries highlights the ongoing debate over environmental policies.

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