The US Admin's immunity for oil companies refers to a recent executive order signed by the US President that grants immunity from prosecution to oil companies for any actions that may harm the environment or contribute to climate change. This means that these companies will not face legal consequences for their role in contributing to these issues.
The executive order is justified by the US Admin as a way to protect the economy and ensure energy independence. They argue that holding oil companies accountable for their actions could lead to job losses and harm the country's overall energy production.
The executive order is expected to have a negative impact on the environment, as it essentially removes any incentive for oil companies to reduce their carbon emissions or invest in more sustainable practices. This could lead to an increase in greenhouse gas emissions and further contribute to climate change.
The executive order can be reversed by a future presidential administration, but it would require a new executive order or legislation to do so. However, this could be a lengthy and difficult process depending on the political climate at the time.
Some potential consequences of this executive order could include worsening of climate change and environmental degradation, decreased motivation for oil companies to invest in renewable energy sources, and a lack of accountability for harmful actions by these companies. It could also lead to increased public distrust in the government's commitment to addressing climate change and protecting the environment.