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Trump says he would exit global climate accord, slash US oil regulation

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Donald Trump, the presumptive Republican presidential nominee, said on Thursday that he would pull the United States out of the U.N. global climate accord and slash environmental regulations on the energy industry if elected.

The comments deepen the contrast between the New York billionaire and his Democratic rivals for the White House, Hillary Clinton and Bernie Sanders, who both advocate a sharp turn toward renewable energy technology as a way to combat climate change.

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“We’re going to cancel the Paris climate agreement,” Trump said at the Williston Basin Petroleum Conference in Bismark, the capital of North Dakota, the second largest U.S. oil-producing state. It was Trump’s first speech detailing the energy policies he would advance from the White House.

Trump said he would invite TransCanada to reapply to build the Keystone XL pipeline from Canada to the United States, reversing a decision by the administration of President Barack Obama to block the project over environmental concerns.

“I want it built, but I want a piece of the profits,” Trump said. “That’s how we’re going to make our country rich again.”

“President Obama has done everything he can to get in the way of American energy,” he said. “If crooked Hillary Clinton is in charge, things will get much worse, believe me.”

(Writing by Richard Valdmanis; Editing by Toni Reinhold and Leslie Adler)

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Elections 2016

California bill to establish nation’s second public bank applauded as ‘historic challenge to Wall Street domination’

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"If California is serious about addressing racial and income inequities, we must create a banking system that centers people not profits."

In a move advocacy groups celebrated as a "historic challenge to Wall Street domination of municipal finances," a pair of California state lawmakers on Thursday unveiled legislation that would establish the nation's second publicly-owned bank and empower the institution to lend to businesses and local governments fighting to stay afloat amid the Covid-19 pandemic.

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COVID-19

What is China doing to stop Beijing’s new coronavirus outbreak?

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Over 1,000 flights have been cancelled, schools shut and residents urged not to leave Beijing, as Chinese authorities race to contain a fresh outbreak linked to the capital's largest wholesale food market.

The number of confirmed cases in the capital has shot up to 137 within the last week after two months of no cases, and four other provinces have revealed cases linked to the Beijing cluster.

How did the outbreak begin, and what measures are Beijing taking to contain it?

- What is the origin of the cluster? -

Beijing had turned into a virtual fortress at the height of the pandemic, with people arriving from other regions or countries required to undergo quarantines.

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2020 Election

Democrats and Never-Trumpers gaming out ‘doomsday scenarios’ if president refuses to leave office: report

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According to a report in the New York Times, Democratic strategists and Never-Trumper conservatives fear Donald Trump will refuse to leave office should he lose in November and are making plans and figuring out their legal options should such an unprecedented state of affairs come to pass.

The report, by the Times' Reid Epstein, begins with one such possible scenario.

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