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Trump says government to ‘terminate’ Biden-era methane emissions rules

28 October 2026 at 17:30

Critics warn of climate danger as president in Texas claims change will save companies and consumers billions

Donald Trump said his administration is “terminating” Biden-era regulations holding oil and gas companies accountable for large leaks of planet-warming methane during a rally in Lubbock, Texas, on Tuesday evening.

“Tonight, I’m officially terminating Biden’s expensive and unnecessary methane regulations to save consumers and energy producers,” Trump said, lifting what he called “crippling regulations on methane that caused prices to skyrocket” for small oil and gas operators. The change would save consumers and energy producers $45bn and unlock 210m barrels of oil, he said, which is equivalent to about 10 days of US petroleum consumption.

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© Photograph: Kent Nishimura/AFP/Getty Images

© Photograph: Kent Nishimura/AFP/Getty Images

© Photograph: Kent Nishimura/AFP/Getty Images

Trump says government to ‘terminate’ Biden-era methane emissions rules

28 October 2026 at 17:30

Critics warn of climate danger as president in Texas claims change will save companies and consumers billions

Donald Trump said his administration is “terminating” Biden-era regulations holding oil and gas companies accountable for large leaks of planet-warming methane during a rally in Lubbock, Texas, on Tuesday evening.

“Tonight, I’m officially terminating Biden’s expensive and unnecessary methane regulations to save consumers and energy producers,” Trump said, lifting what he called “crippling regulations on methane that caused prices to skyrocket” for small oil and gas operators. The change would save consumers and energy producers $45bn and unlock 210m barrels of oil, he said, which is equivalent to about 10 days of US petroleum consumption.

Continue reading...

© Photograph: Kent Nishimura/AFP/Getty Images

© Photograph: Kent Nishimura/AFP/Getty Images

© Photograph: Kent Nishimura/AFP/Getty Images

Super-rich get ‘double dividend’ from causes and costs of climate crisis, report finds

Oxfam says investing by rich in disaster recovery widens inequality and gives incentive to delay climate action

The world’s wealthiest people are not just profiting from the polluting causes of climate breakdown, they are also increasingly cashing in on the catastrophic consequences, according to a study by Oxfam.

The global equality organisation has found that the richest 0.1% of the world’s population are heavily invested in disaster preparedness, recovery and reconstruction – a market that is projected to grow from $70bn to $92bn a year by 2029.

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© Photograph: Julio Cortez/AP

© Photograph: Julio Cortez/AP

© Photograph: Julio Cortez/AP

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