Trump repeals what he called ‘legal foundation of green new scam’
Trump said the repeal of the regulation, which he called the “legal foundation of the green new scam,” is the largest act of deregulation in the country’s history…
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President Donald Trump announced Thursday the repeal of an Obama-era Environmental Protection Agency regulation that was the basis for regulation of greenhouse gas emissions from automobiles.
“We are officially terminating the so-called endangerment finding, a disastrous Obama-era policy that severely damaged the American auto industry and massively drove up prices for American consumers,” the president said at a press conference.
Trump said the repeal of the regulation, which he called the “legal foundation of the green new scam,” is the largest act of deregulation in the country’s history. The endangerment finding cost businesses $1.3 trillion in regulation costs, he said.
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