The president’s destructive policies enrich fossil fuel billionaires, while Beijing has bet big on the green transition
Devastating wildfires, flooding and winter storms were among the 23 extreme weather and climate-related disasters in the US which cost more than a billion dollars last year – at an estimated total loss of $115bn. The last three years have shattered previous records for such events. Last Wednesday, scientists said that we are closer than ever to the point after which global heating cannot be stopped.
Just one day later, Donald Trump and Lee Zeldin, the head of the US Environmental Protection Agency, announced the elimination of the Obama-era endangerment finding which underpins federal climate regulations. Scrapping it is just one part of Mr Trump’s assault on environmental controls and promotion of fossil fuels. But it may be his most consequential. Any fragment of hope may lie in the fact that a president who has called global heating a “hoax” framed this primarily as about deregulation – perhaps because the science is now so widely accepted even in the US.