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Energy

‘They’re Gonna Pay For It’: A Texas Billionaire May Be About To Force Greenpeace USA Into Bankruptcy

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From the Daily Caller News Foundation

By Nick Pope

The Texas billionaire owner of a major pipeline company is on the precipice of potentially bankrupting Greenpeace USA, The Wall Street Journal reported on Sunday.

Kelcy Warren’s company, Energy Transfer, is seeking legal recourse against Greenpeace’s American arm in court, alleging that several Greenpeace USA entities paid for attacks against the company’s Dakota Access Pipeline and proliferated misinformation about the firm and its project in 2016, according to the WSJ. At the time, the project was a flashpoint in the environmental movement’s crusade against major fossil fuel infrastructure developments, and it was ultimately completed in 2017.

“Everybody is afraid of these environmental groups and the fear that it may look wrong if you fight back with these people,” Warren said in a televised interview in 2017, according to the WSJ. “But what they did to us is wrong, and they’re gonna pay for it.”

Eco-activists flocked to the construction site of the pipeline in North Dakota in 2016 to try to stop the $3.8 billion project from being built, and clashes between the protesters and law enforcement occasionally turned violent, according to the WSJ. The lawsuit, which seeks $300 million in damages, would probably crush Greenpeace USA, though it does not pose such a threat to Greenpeace’s international operations because the organization’s main organizing body based in the Netherlands does not own assets in the U.S.

The company tried to sue in federal court first, and refiled the suit in a state court after a federal judge threw out the original litigation, according to the WSJ. Energy Transfer is pursuing the lawsuit under a law that was originally created to go after the mafia.

As Warren — who once said that climate activists should be “removed from the gene pool” — sees it, Greenpeace USA was principally responsible for delaying the project’s construction and imposing millions of dollars of added costs on Energy Transfer, according to the WSJ. Greenpeace, meanwhile, maintains that the lawsuit could stifle free speech and that it only ever played a supporting role in the protests against the pipeline.

Moreover, Greenpeace USA is also preparing for a range of possible outcomes, including bankruptcy, while some of its leaders and members of the board have fought over what kind of settlement could be palatable, according to the WSJ.

“You’re not going to wear Kelcy Warren out, I can promise you that,” Matthew Ramsey, a director on Energy Transfer’s board, told the WSJ. “He will fight to the bitter end.”

Greenpeace USA did not respond immediately to a request for comment.

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Economy

Trump declares national energy emergency

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From The Center Square

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President Donald Trump signed an executive order Monday night declaring a national energy emergency.

Trump announced the order earlier in the day during his Inauguration Speech.

“We will drill baby drill,” Trump said. “We will bring prices down, fill our strategic reserves up again right to the top, and export American energy all over the world. We will be a rich nation again and it is that liquid gold under our feet that will help to do it.”

The order states that high energy prices are an “active threat to the American people.”

“The policies of the previous administration have driven our Nation into a national emergency, where a precariously inadequate and intermittent energy supply, and an increasingly unreliable grid, require swift and decisive action,” the order said. “In light of these findings, I hereby declare a national emergency.”

To solve high prices and remedy the “numerous problems” with America’s energy infrastructure, the order stated that the delivery of energy infrastructure must be “expedited” and the nation’s energy supply facilitated “to the fullest extent possible.”

This was one of many executive orders the president signed on his first day in office.

In another order signed Monday night, Trump declared it was time to unleash American energy.

“In recent years, burdensome and ideologically motivated regulations have impeded the development of these resources, limited the generation of reliable and affordable electricity, reduced job creation, and inflicted high energy costs upon our citizens,” the order said. “It is thus in the national interest to unleash America’s affordable and reliable energy and natural resources.”

All this will be done through encouraging energy exploration, the elimination the electric vehicle mandates, and safeguarding “the American people’s freedom to choose from a variety of goods and appliances.”

The order promises these measures will “restore American prosperity,” “establish our position as the leading producer,” and “protect the United States’s economic and national security and military preparedness.”

In an earlier signing of executive orders in front of a crowd of supporters at the Capital One Arena, Trump signed an executive order withdrawing the United States from the Paris Climate Accords.

Elyse Apel is an apprentice reporter with The Center Square, covering Georgia and North Carolina. She is a 2024 graduate of Hillsdale College.

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Daily Caller

Trump Takes Firm Stand, Exits Paris Agreement Again

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From the Daily Caller News Foundation

By Mariane Angela

President Donald Trump issued an executive order Monday to remove the United States from the Paris Agreement.

The United States joins Iran, Libya, and Yemen as countries not part of the Paris Agreement, which seeks to limit global warming, the New York Times reported. Trump had previously pulled out of the agreement during his first term, only to see his successor, former president Joe Biden, re-enter it in 2021 after taking office.

This decision aims to increase fossil fuel production and reduce investment in clean energy technologies like electric vehicles and wind turbines, the outlet stated. Additionally, Trump notified the United Nations, which manages the Paris Agreement, of the U.S.’s withdrawal with a signed letter, setting the official exit to occur one year after its submission.

Trump has said in the past that the U.S. involvement in the Paris agreement harms America’s economic competitiveness and would not make a significant impact on the climate. He also said previously that the agreement was poorly negotiated and did not put American workers first.

The Biden administration implemented new emissions goals as part of its efforts to solidify its climate strategy. The Trump administration plans to deregulate the energy sector and roll back funding from Biden’s key climate initiatives. Since Nov. 5, members of Biden administration have distributed $1.6 billion in “environmental justice” grants, secured significant loans for green energy firms, empowered  California regulators to influence the national auto market, and published a detailed analysis on the effects of liquefied natural gas exports, potentially hindering Trump’s efforts to expand them.

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