WASHINGTON (TNND) — President Donald Trump is set to make an announcement with Environmental Protection Agency (EPA) Administrator Lee Zeldin at the White House on Thursday afternoon.
The Trump administration, according to White House Press Secretary Karoline Leavitt, will revoke a scientific finding that has been the central basis for U.S. action to regulate greenhouse gas emissions and fight climate change.
Trump is scheduled to speak at 1:30 p.m. EST. Leavitt said Trump and Zeldin will formalize the rescission during a White House ceremony.
“President Trump will be joined by Administrator Lee Zeldin to formalize the rescission of the 2009 Obama-era endangerment finding,” Leavitt said on Tuesday during a news conference. “This will be the largest deregulatory action in American history, and it will save the American people $1.3 trillion in crushing regulations.”
Leavitt added that the bulk of the savings will stem from reduced costs for new vehicles, with the EPA projecting average per vehicle savings of more than $2,400 for popular light duty cars, SUVs, and trucks.
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“This is just one more way this administration is working to make life more affordable for everyday Americans,” Leavitt said, adding that it will create economic growth, create thousands of jobs, expand manufacturing, and increase consumer choice.
