July 5th, 2017

Trump Takes Advantage of Europe’s Fossil Fuel Dependence

Statement by Wenonah Hauter, Executive Director, Food & Water Watch and Food & Water Europe

Washington, D.C. and Brussels — “After President Trump’s speech last week promoting a dark and dystopian vision — U.S. fossil ‘energy dominance’ — it is no surprise that his visit to Poland centers on promoting U.S. exports of fracked gas. Beyond such bluster, reality tells a different story.

“U.S. exports of liquefied natural gas (LNG) are expensive. For the economics to work, U.S. production costs have to be low while prices in importing countries stay high. In India, a major importer of U.S. LNG is now finding itself at the mercy of contracts that locked in high prices for U.S. LNG, relative to other sources of gas. This is how energy dominance will play out for those at the receiving end.

“Consumers in LNG exporting countries are also getting pinched. In Australia, for example, “extreme” levels of LNG exports have caused economic disruptions. While the Industrial Energy Consumers of America’s call for a moratorium on LNG exports is prudent, Trump is not known for his prudence.

“The fracking industry dominates the Trump Administration, and it wants more pipelines to support more exports. The U.S. government is allowing pipeline companies to forcibly take land away from property owners through eminent domain – not to benefit the general public, but to increase the amounts of U.S. oil and gas brought to the surface and burned, and increase industry profits. In short, we are witnessing the transformation of the United States into a petrostate. Former ExxonMobil CEO Rex Tillerson is running the Department of State. Oil and gas cheerleaders in Rick Perry and Scott Pruitt at the Department of Energy and the Environmental Protection Agency.

“Most people accept the science of climate change and see through the dangerous, short-sighted and corrupt vision Trump and his cadre have for the world. People are beginning to see —in Europe and elsewhere — that economic security hinges on stopping climate pollution, and requires moving off fossil fuels. We can redefine and meet our energy needs using clean, renewable sources of power by organizing local campaigns and holding political leaders accountable. Together we can build a positive energy future by moving off fossil fuels.”

Contact:

Andy Gheorghiu, Food & Water Europe, Fracking Policy Advisor, +49 5631 50 69 507 (land), +49 160 20 30 974 (mobile), agheorghiu(at)fweurope.org

Darcey Rakestraw, 202-683-2467; [email protected]

Food & Water Europe is the European programme of Food & Water Watch, a nonprofit organisation based in the United States. Food & Water Europe champions healthy food and clean water for all. We stand up to corporations that put profits before people and advocate for a democracy that improves people's lives and protects our environment. https://www.foodandwatereurope.org
###

Sign Up To:

Champion healthy food and clean water and stand up to corporations that put profits before people!




Connect with us

Facebook Twitter RSS