energy transfer
Warren bets big on Trump as energy moguls eye policy gains
Kelcy Warren, the billionaire behind Energy Transfer, has invested $5 million in Donald Trump’s 2024 presidential campaign, hoping for favorable energy policies if Trump wins.
In short:
- Warren’s energy firm, Energy Transfer, built the Dakota Access Pipeline despite protests and profited during the 2021 Texas blackout.
- A second Trump administration could ease regulations on natural gas exports and pipeline projects, boosting Warren's business.
- Warren’s $5 million contribution makes him a top donor from the oil and gas industry to Trump.
Key quote:
“We have bad billionaire players that are only funding other billionaires ... to allow the destruction of Mother Earth.”
— Doug Crow Ghost, water resources director, Standing Rock Sioux Tribe
Why this matters:
Warren's political donations could influence future energy policies that affect environmental regulations. Support for Trump aligns with oil and gas industry interests that face scrutiny under current climate policy goals.
Related EHN coverage:
White House introduces new permitting rules focusing on climate and community impacts
The Biden administration has issued new guidelines aimed at accelerating clean energy projects while considering their environmental and community impacts.
In short:
- The new rules modify the National Environmental Policy Act to speed up project approvals while ensuring environmental and social justice considerations.
- Agencies must complete environmental impact assessments within two years, a reduction from the previous average of 4.5 years.
- The guidelines prioritize projects with long-term environmental benefits, allowing some to bypass extensive reviews.
Key quote:
"These reforms will deliver smarter decisions, quicker permitting, and projects that are built better and faster."
— Brenda Mallory, chair of the White House Council on Environmental Quality
Why this matters:
Revised regulations aim to streamline the implementation of critical clean energy projects without compromising on environmental integrity or community well-being. Read more: Western Pennsylvania can meet its climate goals — if the region stops subsidizing natural gas.
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Christmas Day fire at Energy Transfer's Revolution plant keeps Washington County facility offline
A natural gas processing plant in Washington County remains offline after a Christmas day fire ripped through a section of the Energy Transfer facility, sending fire from a flare into the sky for more than 10 hours.