Transparency International has U.S. energy concerns by Daniel J. Graeber Brussels (UPI) Jan 26, 2017
Accountability is a concern with the Trump administration, Transparency International said in the wake of White House support for energy infrastructure. In a series of executive memoranda this week, President Donald Trump called on pipeline company TransCanada to re-submit its application for the Keystone XL oil pipeline and directed a faster approval process for the last stretches of the domestic Dakota Access pipeline. Both Keystone XL, a pipeline from Canada, and Dakota Access were targets of environmental and tribal petitions for a low-carbon economy under the previous administration. The White House said moving forward with those projects fulfills a Trump campaign promise to cut through regulatory red tape and expedite the construction of North American energy infrastructure in a way that creates jobs and strengthens national security. In an annual global review that came less than a week after Trump took the oath of office, Transparency International moved the United States down two points on its corruption index in part because of concerns that money was influencing policy decisions in the country. On energy issues, the group's Americas director Alejandro Salas told UPI there are particular concerns about Rex Tillerson, the former Exxon Mobil CEO tapped to serve as U.S. secretary of state. As a former official within the American Petroleum Institute, Salas said Tillerson worked against transparency measures outlined in the Dodd-Frank Act that call on companies to disclose payments they've made to individual governments. "This data also allows citizens to hold the government to account for its dealings with the company," he said. "In the past secret sweetheart deals between natural resource companies and governments around the world have allowed companies to get rich while public budgets see no benefit." The Trump transition team in December pledged to eliminate the Dodd-Frank Act and replace it with policies it said would be more beneficial to job creation. Separately, Trump held a financial stake in the companies building Dakota Access. His press secretary this week said there can be no conflicts of interest there, though financial documents to verify those claims are not available. Elsewhere, tribal leaders concerned about water quality and sanctity in North Dakota said Trump may be violating treaties as they relate to indigenous people with his measure on Dakota Access. Even though figures cited by the Trump administration are inflated over previous government estimates, the White House said advancing energy infrastructure would be a form of economic stimulus. On the merits of the pipelines, the Trump administration said U.S. steel and U.S. workers would help revitalize a North American energy infrastructure that relies in part on rail, a more costly transit option for crude oil. Railcars carrying crude oil during the Obama administration caught fire and posed safety hazards of their own. On U.S. steel, analysis of a decision to leave the Trans-Pacific Partnership by consultant group Wood Mackenzie found parts of the U.S. manufacturing sector depend heavily on imports. While domestic resources exist, they come at a higher cost "and ultimately the U.S. consumer will suffer."
Related Links All About Oil and Gas News at OilGasDaily.com
|
|
The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us. |