For Immediate Release
Trump Ends Rule Blocking Corporate Polluters From Paying Themselves
WASHINGTON - Today, Donald Trump rescinded a Office of Natural Resource Revenue rule that prevented companies from selling fossil fuels extracted on public lands to a subsidiary at a low price, paying royalties on that initial sale, and then reselling the fuel at a far higher price without paying royalties on the second sale.
In response, Sierra Club Lands Protection program Director Athan Manuel released the following statement:
“It’s no surprise that someone with Donald Trump’s checkered business history would rescind a rule preventing fossil fuel companies from ripping off the American people. Donald Trump should represent the people, and as such, should conduct business that puts their interests first -- not rig the system for corporate polluters.”
The Sierra Club is the oldest and largest grassroots environmental organization in the United States. It was founded on May 28, 1892 in San Francisco, California by the well-known conservationist and preservationist John Muir, who became its first president. The Sierra Club has hundreds of thousands of members in chapters located throughout the US, and is affiliated with Sierra Club Canada.