Skip to player
Skip to main content
Search
Connect
Watch fullscreen
Like
Bookmark
Share
More
Add to Playlist
Report
How Trump Pressures the World Into Burning More Oil and Gas
Bloomberg
Follow
13 hours ago
Category
🛠️
Lifestyle
Transcript
Display full video transcript
00:00
Just weeks ago, it looked like a majority of countries would vote to adopt a global carbon tax on shipping.
00:06
But then, threats from the U.S., led by Donald Trump, caused the countries to waver and sink the idea.
00:13
The world now has a carbon bully, as one expert put it.
00:17
Trump has never been a fan of green technologies, but in this second term,
00:21
he has made a concerted effort to wreck climate policies.
00:25
At home, he has canceled renewable energy projects and made it harder to build new ones.
00:30
While urging the oil and gas industry to drill baby drill.
00:34
Globally, Trump has not just pulled the U.S. out of the Paris Agreement,
00:38
but used his trade war to get other countries to buy American oil and gas.
00:43
In big numbers.
00:44
$750 billion worth for European Union, $100 billion worth for South Korea, and $15 billion for Indonesia.
00:53
But Trump isn't just bullying other nations into buying U.S. fossil fuels.
00:56
He is also calling them out for not falling in line with his view.
01:01
He's told the U.K. Prime Minister, Keir Starmer, to tear down wind turbines.
01:04
And at the United Nations General Assembly, he said,
01:07
I'm telling you that if you don't get away from the green energy scam, your country is going to fail.
01:15
All this is happening only weeks before countries converge on Belém in Brazil for the COP30 climate summit.
01:21
The world is already not on track to keep catastrophic warming from happening.
01:26
And this was before the U.S. became a carbon bully.
01:30
But those U.S. actions have happened through coercion and chaos,
01:34
which is making some countries trust China more.
01:38
From China, they can be assured of sustained supplies of cheap solar panels, batteries, and electric cars.
01:44
And despite Trump's threats, the world's appetite for clean energy is soaring.
Be the first to comment
Add your comment
Recommended
1:58
|
Up next
Warner Bros. Looks For Help Blocking the Ellisons
Bloomberg
8 hours ago
1:57
Apple Turns to Vapor Chamber to Cool iPad Pro
Bloomberg
8 hours ago
2:56
Are Markets Headed for an AI Bubble?
Bloomberg
8 hours ago
5:33
Investors See Opportunity in Space Defense
Bloomberg
8 hours ago
2:32
AI Spending Revisions 'Insane,' Gabelli's Belton Says
Bloomberg
8 hours ago
1:19
Trump Says Modi Will Stop Buying Russian Oil
Bloomberg
16 hours ago
0:56
China Pushes for Self-Reliance Ahead of US Talks
Bloomberg
17 hours ago
1:29
Oil Jumps as US, EU Step Up Pressure on Russia With Sanctions
Bloomberg
17 hours ago
3:34
Trump Plans to Use Shutdown to Fire Federal Workers
Bloomberg
14 hours ago
1:22
Trump, Congressional Leaders to Meet as Shutdown Looms
Bloomberg
14 hours ago
3:17
Israel-Hamas Ceasefire Under Pressure
Bloomberg
15 hours ago
1:28
Trump to Rally GOP Lawmakers on Elusive SALT Agreement
Bloomberg
16 hours ago
5:22
Markets React to Trump Policy Shifts
Bloomberg
14 hours ago
1:46
Indian Americans' Surprising US Visa Response
Bloomberg
17 hours ago
0:47
BP announces oil and gas discovery
The Street
3 months ago
0:32
Aerial views of pump track site in St Austell
Tindle News
15 hours ago
0:32
Major Georgina Ashton talks about why it is so important to support the Royal British Legion's poppy appeal this year
Tindle News
15 hours ago
0:25
Allam Ahmed's first-ever Western League goal on his first Step Five start. Video courtesy of Newquay AFC.
Tindle News
17 hours ago
9:39
S&P Tops 6,800 as Trade Deal Hopes Build | Closing Bell
Bloomberg
9 hours ago
5:57
OpenAI Partner Crusoe Reaches $10 Billion Valuation
Bloomberg
9 hours ago
6:30
Tech Stocks Rally Ahead of Big Earnings Week
Bloomberg
10 hours ago
3:57
Pictet Joins $13T ETF Race With A Trio of Funds
Bloomberg
10 hours ago
8:22
Sponsor Spotlight
Bloomberg
11 hours ago
2:01
Sheinbaum Says US Extending Deadline on Trade Deal for Several Weeks
Bloomberg
11 hours ago
1:10
Milei's Party Wins Argentine Elections With 41% of Vote
Bloomberg
11 hours ago
Be the first to comment