Trump’s energy and environmental priorities can be summed up as staunchly pro-fossil fuels. Thursday, he explicitly backed the Dakota Access pipeline, a $3.6-billion project that he has personal financial ties to. The controversial project has been the target of protests for months in North Dakota, where Native American tribes have been at the forefront of the effort to stop the pipeline’s construction under the Missouri River. Trump had invested between $500,000 and $1 million in the company constructing the pipeline, Energy Transfer Partners, according to financial disclosures. Although the Trump team insists that he has since divested from the company, it’s not true that Trump no longer has a financial interest in the pipeline: Trump has between $100,000 and $250,000 invested in the oil and gas company Phillips 66, which will have a 25 percent stake in the finished pipeline.
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At thinkprogress.org
At thinkprogress.org
