By Valerie Volcovici and Emily Stephenson

BISMARCK, N.D., May 26 (Reuters) – Donald Trump, the presumptive Republican presidential nominee, promised on Thursday to roll again a few of America’s most bold environmental insurance policies if elected, actions that he stated would revive the ailing U.S. oil and coal industries and bolster nationwide safety.

Trump stated he would pull the United States out of the U.N. international local weather accord, approve the Keystone XL oil pipeline from Canada and rescind measures by President Barack Obama to chop U.S. emissions and develop protections for U.S. waterways.

“Any regulation that’s outdated, unnecessary, bad for workers or contrary to the national interest will be scrapped and scrapped completely,” Trump stated on the Williston Basin Petroleum Conference in Bismarck, the capital of oil-rich North Dakota. It was Trump’s first speech detailing the power insurance policies he would advance from the White House.

“We’re going to do all this while taking proper regard for rational environmental concerns,” he stated.

The feedback painted a stark distinction between the New York billionaire and his Democratic rivals for the White House, Hillary Clinton and Bernie Sanders, who advocate a pointy flip away from fossil fuels and towards renewable power applied sciences to fight local weather change.

The feedback additionally drew fast criticism from environmental advocates, who known as his proposals “frightening.”

“Trump’s energy policies would accelerate climate change, protect corporate polluters who profit from poisoning our air and water, and block the transition to clean energy that is necessary to strengthen our economy and protect our climate and health,” stated Tom Steyer, a billionaire environmental activist.

But trade executives cheered the stance.

“It’s simple. If Trump wins, oil field workers will be happy. If Clinton wins, oil workers will be unhappy,” stated Derrick Alexander, an operations supervisor at oilfield providers agency Integrated Productions Services.

Trump hit Clinton arduous in his speech, saying the previous secretary of state could be extra aggressive than Obama on rules. He repeated a number of occasions Clinton’s March feedback that her insurance policies would put coal miners out of labor.

“Hillary Clinton’s agenda is job destruction,” Trump stated.

CANCEL PARIS

Trump stated slashing regulation would assist the United States obtain power independence and cut back America’s reliance on Middle Eastern producers. “Imagine a world in which oil cartels will no longer use energy as a weapon,” he stated.

The United States at the moment produces about 55 % of the oil it makes use of, with one other quarter of the entire coming from Canada and Mexico, and fewer than 20 % coming from OPEC, in line with U.S. Energy Department statistics.

Trump’s advisers, together with U.S. Representative Kevin Cramer of North Dakota, have stated they prompt Trump look at the position of OPEC within the international oil worth stoop since 2014, which has contributed to the demise of a handful of smaller U.S. oil firms. Saudi Arabia and different OPEC members have declined to chop manufacturing to help costs.

Until Thursday, Trump had been brief on particulars of his power coverage. He has stated he believes international warming is a hoax, that his administration would revive the U.S. coal trade, and that he helps hydraulic fracturing – an environmentally controversial drilling approach that has triggered a growth in U.S. manufacturing.

Earlier this month, he advised Reuters in an interview that he would renegotiate “at a minimum” the U.N. international local weather accord agreed by 195 international locations in Paris final December, saying he seen the deal as dangerous for U.S. enterprise.

He took {that a} step additional in North Dakota. “We’re going to cancel the Paris climate agreement,” he advised the gang of roughly 7,700 in Bismarck.

He additionally promised he would invite Canadian pipeline firm TransCanada to reapply to construct the Keystone XL pipeline into the United States, reversing a choice by Obama to dam the undertaking over environmental issues.

“I want it built, but I want a piece of the profits,” Trump stated. “That’s how we’re going to make our country rich again.”

Trump’s pledge briefly despatched TransCanada’s shares up by 27 Canadian cents to C$54.11 on the Toronto Stock Exchange, however the inventory rapidly leveled again off, closing up 2 Canadian cents at C$53.86.

In response to the presumptive Republican nominee’s promise he would search extra earnings from the pipeline, TransCanada spokesman James Millar famous the construct would help 40,000 development jobs, main contracts for U.S. suppliers and supply tens of hundreds of thousands in taxes for state coffers.

“The pipeline will benefit American workers longer term as the companies they work for have signed contracts to ship and refine oil through Keystone XL,” Millar added in an electronic mail. (Additional reporting by Julie Gordon in Vancouver; Writing by Richard Valdmanis; Editing by Leslie Adler and Andrew Hay)

(c) Copyright Thomson Reuters 2016.