Though largely symbolic, President Trump’s declaration of an “energy emergency” could throw a wrench in renewable energy development and will cut into the Endangered Species Act

Oil prices fell on Tuesday after U.S. President Donald Trump declared a national energy emergency on his first day in office, raising concerns of higher U.S. output in a market widely expected to be oversupplied this year.

The misuse of power under Donald Trump is to be taken for granted. Monday ’s list of executive actions on behalf of the fossil-fuel industry was entirely expected—this time around, there is no hesitation about withdrawing from the Paris climate accord (a decision that took four months in his first term),