Trump at Davos 2026: Pushes Fossil Fuels, Nuclear Power; Slams Green Energy

World
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CNBC TV18•21-01-2026, 20:52
Trump at Davos 2026: Pushes Fossil Fuels, Nuclear Power; Slams Green Energy
- •Donald Trump advocated for oil, gas, and nuclear power at the World Economic Forum 2026 in Davos, criticizing renewable energy policies.
- •He highlighted increased U.S. natural gas and oil production, contrasting it with a decline in domestic oil leases under the previous administration.
- •Trump announced renewed engagement with Venezuela for oil, expecting 509 million barrels, and a major push for new nuclear reactors.
- •He dismissed green energy as a "scam," citing issues with windmills and high electricity prices in Europe, particularly the UK and Germany.
- •Trump claimed his election prevented a U.S. energy collapse and asserted U.S. leadership over China in AI.
Why It Matters: Trump at Davos 2026 championed traditional energy sources and nuclear power, while strongly criticizing green energy.
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