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>> You guys ready?>> After a botched healthcare bill, President Trump looking to change the subject Tuesday, with an all hands on deck announcement at the Environmental Protection Agency to roll back regulations put in place to protect the environment. Trump vowing his energy independence executive order will bring back jobs and provide a boost to the US energy industry.
Reuters' energy policy correspondent Valerie Volcovici explains.>> Trump's executive order basically targets three main areas. The first one is unraveling the Clean Power Plan, which was the centerpiece of the Obama administration's climate change strategy that required almost every state to shift towards cleaner sources of energy. The second area is lifting the moratorium on federal co-leases, and the third area is now when a federal agency is weighing a pipeline, or if it's thinking about doing a new regulation, it doesn't need to consider the impacts of climate change.
>> The order will direct EPA administrator Scott Pruitt, who denies human actions are the lead cause of climate change, to unwind the Obama era regulations. But much like another one of Trump's executive orders, state attorneys general and environmentalists are expected to fight the order in court.>> The process will be really drawn out.
It could take several months. It could take years between the administrative procedures and then the legal challenges. However, the orders do send a signal, they send a signal to the energy companies to cut the red tape to produce energy without the fear of any fines or violations.>> So Obama is talking about all of this with the global warming, and a lot of it is a hoax, it's a hoax.
>> It also sends a signal to the rest of the world that the US is unlikely to comply with emissions targets set in the Paris Climate Change Accord, giving other countries which may have been on the fence about reducing carbon emissions an excuse to slide back on their commitment to combat climate change.