Combustion of fossilfuels generates sulfuric and nitric acids, which fall to Earth as acid rain, impacting both natural areas and the built environment. Monuments and sculptures made from marble and limestone are particularly vulnerable, as the acids dissolve calcium carbonate. As early as 1959, oil industry executives understood the connection between burning fossilfuels and climate change. Soon thereafter, industry scientists confirmed beyond a reasonable doubt that the burning of fossilfuels contributed to anthropogenic climate change. The AmericanPetroleum Institute, the oil and gas industry’s biggest trade group, has been central to efforts to push for continued tax breaks for oil and gas. The fossilfuelindustry’s strongest defender is still putting up a fight. President oftheAmericanPetroleum Institute testifying via computer.Once again, the AmericanPetroleum Institute is attempting to paint itself as a climate savior – and not doing it very convincingly. Regardless of Donald Trump’s embrace of fossilfuels, the writing is on the wall.Before assessing theimpactof United States President Donald Trump’s climate and energy policies, some context about the current state ofthe planet is in order. banks are major financiers ofthefossilfuelindustry, and Bank of America might be the most recognizable, consumer-facing of all these banks. It is the second largest U.S. bank, with tens of millions of customers and branch locations all across the country. The AmericanPetroleum Institute (API) is the only national trade association that represents all aspects of America’s oil and natural gas industry. In response to Trump's "drill, baby, drill" slogan aimed at ramping up fossilfuel extraction, and the US notifying the UN of its withdrawal from the Paris climate agreement, Indonesia, for instance, has hinted that it may follow suit.
