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President Trump is making a lot of big moves on the energy and environment front. Last week, he green-lighted the Keystone XL Pipeline out of Canada after it was stopped by the Obama administration. Tomorrow, he is slated to sign a big executive order pushing domestic oil, coal and gas and reversing the Obama Clean Power Plan. We want to look at where Trump energy policy is going.
"The President has really only given the pipeline approval at the federal level," Bloomberg's Jen Dlouhy said. But more levels of approval are still needed. The final route for the Keystone XL pipeline has yet to be approved.
By environmental activist Bill McKibben's standards, however — any pipeline plan is an unnecessary and backwards-looking strategy.
"At noon time yesterday, 56 percent of the energy in the state of California came from renewables," McKibben told us. "That's the future of energy there."
From Tom’s Reading List
Bloomberg News: Keystone Foes Prepare Fight as Trump Issues Pipeline Permit — "President Donald Trump made good on his promise to approve the Keystone XL oil pipeline — but the fight is far from over. Instead, it shifts to courtrooms, a Nebraska agency and congressional town hall meetings, where environmental activists and landowners have plotted ways to keep blocking the pipeline TransCanada Corp. has been trying to build for more than eight years. Just winning Nebraska regulators’ approval for Keystone XL’s route through the state could take TransCanada another six months. State and federal court battles could prolong the process."
This segment aired on March 27, 2017.
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