Part 6/11:
Environmental policies also play a significant role in this complex geopolitical puzzle. Wright criticized Europe’s aggressive green agenda, particularly its pledge to achieve net-zero emissions by 2050. He derided these policies as a “colossal train wreck” and a “monstrous human impoverishment program,” emphasizing that European climate regulation could impose legal challenges and operational risks on US fossil fuel exports.
The US oil and gas industry, alongside lobbyists, has shown concern that stringent EU environmental laws threaten to undermine their economic interests. Major corporations like ExxonMobil have actively pushed to weaken or delay these policies, arguing that they impede trade and profit margins rather than genuine environmental protection.