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"Trump Rollbacks For Fossil Fuel Industries Carry Steep Cost"

"BILLINGS, Mont. — As the Trump administration rolls back environmental and safety rules for the energy sector, government projections show billions of dollars in savings reaped by companies will come at a steep cost: more premature deaths and illnesses from air pollution, a jump in climate-warming emissions and more severe derailments of trains carrying explosive fuels.

The Associated Press analyzed 11 major rules targeted for repeal or relaxation under Trump, using the administration’s own estimates to tally how its actions would boost businesses and harm society.

The AP identified up to $11.6 billion in potential future savings for companies that extract, burn and transport fossil fuels. Industry windfalls of billions of dollars more could come from a freeze in vehicle efficiency standards that will yield an estimated 79 billion-gallon (300 million-liter) increase in fuel consumption."

Matthew Brown reports for the Associated Press January 27, 2019.

SEE ALSO:

"List of Regulation Rollbacks For Oil, Gas And Coal Industry" (AP)

Source: AP, 01/29/2019