It's finally here! Almost. Tuesday afternoon President Trump will visit EPA to sign a long-awaited executive order that aims to unwind huge swaths of Obama-era climate change policy.
Why it matters: The order is the clearest sign yet of how aggressively Trump wants to attack his predecessor's regulations on fossil fuel development and coal-fired power generation, which Republicans call economically burdensome. According to the White House, the order will do all this stuff:
Total SA, a French energy company, is partnering with Nova and Borealis in building two units on the U.S. Gulf Coast as part of a multi-billion dollar petrochemical venture. One unit will convert natural gas into chemicals used in plastic, and the other will be a polyethylene plant, both in Texas.
Why it matters: The move is betting on the Trump Administration's ability to maintain a "business-friendly environment," but might have even longer-term effects: CEO Patrick Pouyanne said this was part of an effort to boost Total's long-range presence in the U.S.
