#Trump at the #WorldEconomicForum in #Davos
#Oil, #Deregulation, #ClimateCrisis
"My administration has also begun the largest deregulation campaign in history."
"I terminated the ridiculous & incredibly wasteful Green New Deal. I call it the Green New Scam, withdrew from the one-sided #ParisClimateAccord, & ended the insane & costly #ElectricVehicle mandate."
"The US has the largest amount of oil & gas of any country on Earth, & we're going to use it."
"We're going to let people buy the cars they want to buy."
"I'm also going to ask #SaudiArabia & #OPEC to bring down the cost of #oil, you've got to bring it down."
"If the price came down the #Russia - #Ukraine war would end immediately."
"With oil prices going down, I'll demand that interest rates drop immediately, & likewise they should be dropping all over the world."
– #Trump
#ClimateCrisis #FossilFuels
#WEF #economy #GlobalEconomy #geopolitics #USpol
"My message to every #business in the world is very simple, come make your product in America & we will give you among the lowest #taxes of any nation on earth."
"If you don't make your product in America, which is your prerogative, then very simply you will have to pay a #tariff. Differing amounts. But a tariff which will direct hundreds of billions of dollars & even trillions of dollars into our treasury to strengthen our #economy & pay down #debt."
"Our majorities in the #House & #Senate, which we also took along with the presidency, are going to pass the largest #tax cut in American history [for #corporations & #wealthy], including massive tax cuts for workers & family [false] & big tax cuts for domestic producers & manufacturers. And we're working with the Democrats on getting an extension of the original #Trump tax cuts."
"I've deployed active duty US #military & #NationalGuard troops to the #border to assist in repelling the *invasion*. It was really an invasion. We will not allow our territory to be violated after 4 long years."
"Before even taking office, my team negotiated a ceasefire agreement in the #MiddleEast, which wouldn't have happened without us."
"Our efforts to secure a peace settlement between #Russia & #Ukraine are now, hopefully, underway…."
– #Trump
#Trump spoke at length about his call w/ #SaudiArabia’s Mohammed bin Salman. #MBS told Trump that he plans to invest $600B over the next 4 years.
“I’ll be asking the crown prince, who’s a fantastic guy, to round it out to around 1 trillion. I think they’ll do that because we’ve been very good to them.”
During Q&A, Stephen Schwarzman, the Chair, CEO & CoFounder of Blackstone Group began by saying, “I'm sure the crown prince of Saudi Arabia will be really glad you gave this speech today.”
Schwarzman asked what #Trump’s doing on #regulation.
Trump: "From the standpoint of America, the EU treats us very, very unfairly, very badly. They have a large tax."
"They essentially don't take our farm products & they don't take our cars, yet they send cars to us by the millions."
"We have hundreds of billions of dollars of deficits w/the EU & nobody's happy with it. And we're going to do something about it, but nobody's happy with it. So I think the EU has to speed up their process”
Patrick Pouyanné, Chair of the Board & CEO, #TotalEnergies, asked what #Trump's views were on a pause on Liquid #NaturalGas projects & whether he would agree to guarantee an increased supply of US #LNG to Europe.
Trump said he would agree to guarantee supplies of #US #energy to Europe.
"The big problem is we need double the energy we currently have in the #UnitedStates... for #AI to really be as big as we want to have it."
#ClimateCrisis #FossilFuels
#WEF #economy #geopolitics
#USpol
Then it got weird.
#Trump said he would use an emergency declaration to produce “electric generating plants”
“I think it was largely my idea because nobody thought this was possible. It wasn’t that they’re not smart because they’re the smartest. But I told them that what I want you to do is build your electric generating plant right next to your plant & connect it. And they said, ‘Wow, you’re kidding,’ & I said, ‘No, no, I’m not kidding.’”
“I’m going to give emergency declarations so they can start building them almost immediately.”
#Trump then went on to criticize the nation’s electric #grid, calling it old while noting that he would allow the #tech companies to rely on any #fuel that they want to run the plants. And if the energy plants fail, Trump claimed the country could return to “good clean #coal.”
#ClimateCrisis #FossilFuels
#WEF #AI #technocracy #broligarchy #USpol
“#Coal is very strong as a backup,” #Trump told the conference. “Nothing can destroy coal, not the weather, not a bomb, nothing.” [wait, whaaaat?]
“It might make it a little smaller, might make it a little different shape, but coal is very strong as a backup. It’s a great backup to have that facility … and we have more coal than anybody. We also have more #oil & #gas than everybody.”
#WEF
#AI #technocracy #broligarchy #energy #FossilFuels #ClimateCrisis
This bears repeating, #Trump thinks #coal cannot be destroyed by a bomb. coal. COAL!
In his first speech before world leaders, at the #WorldEconomicForum, the President of the United States went on & on about the indestructibility of coal. COAL.
#idiocracy #USpol #WEF #geopolitics
#AI #technocracy #broligarchy #energy #FossilFuels #ClimateCrisis
@Nonilex Yes, that thing you famously burn to create energy.