Presumptive Republican presidential nominee Donald Trump has promised to pull the US out of the Paris Agreement and end regulations on the energy industry if elected. Speaking to supporters in a rally at the Walliston Basin Petroleum Conference in North Dakota, the billionaire and former reality TV star outlined a his plans for America to accomplish “compete energy independence”, which he said would be declared as a “strategic economic and foreign policy goal of the United States”.
North Dakota is the second largest oil-producing state in the US. “America has 1.5 times as much oil as the combined proven resources of all Opec countries,” he claimed.
“Think of that. We have more natural gas than Russia, Iran, Qatar, Saudi Arabia combined. We have three times more coal than Russia. Our total untapped oil and gas reserves on federal lands equal an estimated $50trn”, he continued, as the crowd roared their approval.
Trump criticised President Obama for his imposition of “costly regulation” on energy producers in Dakota and across the United States, and said the US would no longer contribute to UN efforts to efforts to curtail climate change.