Former U.S. President Donald Trump delivers a speech during a tour of the Double Eagle Energy Oil Rig in Midland, Texas, on July 29, 2020.Former U.S. President Donald Trump told a group of oil executives and lobbyists gathered at a dinner at his Mar-a-Lago resort in Florida last month that they should donate $1 billion to his presidential campaign because, if elected, he would roll back environmental rules that he said hampered their industry, according to two people who were there.
Biden has called climate change an existential threat and has moved to cut the pollution that is dangerously heating the planet and supercharging storms, heat waves and drought. Biden has frustrated the fossil fuel industry by pursuing the most ambitious climate agenda in the nation’s history. He has signed a sweeping law that pumps $370 billion into incentives for clean energy and electric vehicles and has enacted a suite of tough regulations designed to sharply reduce emissions from the burning of oil, gas and coal.
Many, however, have attacked Biden’s policies, and the industry has contributed heavily to Trump’s presidential campaign. Also in the room were North Dakota Gov. Doug Burgum, a former Republican presidential candidate who has been acting as Trump’s point person on energy issues; and Hamm, executive chair of Continental Resources, which is among the biggest oil and gas drilling companies in Oklahoma and North Dakota.
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