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Warren bets big on Trump as energy moguls eye policy gains

Kelcy Warren, the billionaire behind Energy Transfer, has invested $5 million in Donald Trump’s 2024 presidential campaign, hoping for favorable energy policies if Trump wins.

Mike Soraghan reports for E&E News.

In short:

  • Warren’s energy firm, Energy Transfer, built the Dakota Access Pipeline despite protests and profited during the 2021 Texas blackout.
  • A second Trump administration could ease regulations on natural gas exports and pipeline projects, boosting Warren's business.
  • Warren’s $5 million contribution makes him a top donor from the oil and gas industry to Trump.

Key quote:

“We have bad billionaire players that are only funding other billionaires ... to allow the destruction of Mother Earth.”

— Doug Crow Ghost, water resources director, Standing Rock Sioux Tribe

Why this matters:

Warren's political donations could influence future energy policies that affect environmental regulations. Support for Trump aligns with oil and gas industry interests that face scrutiny under current climate policy goals.

Related EHN coverage:

www.eenews.net
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