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Why is Donald Trump targeting fossil fuels? | Donald Trump


The president says he's unleashing oil in a dramatic shift in U.S. energy policy.

President Donald Trump says he will increase oil production and unleash the United States' energy industry.

He also declared a national energy emergency.

While oil companies may be celebrating, Trump has also promised to roll back support for clean energy, creating problems for the sector.

He says his plans are aimed at achieving domestic prosperity and curbing inflation as oil and gas prices affect every part of the economy.

The measures could have major implications across the energy landscape from oil fields to wind farms.

And the big banks have pulled out of climate change groups.

Also, will Trump's policies boost cryptocurrencies?

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