The win gives Trump the ability to make good on his campaign pledges to pursue climate policies he called the “New Green Hoax” while redirecting the federal government toward pumping more crude oil and building more power plants.
Bloomberg said in a report that oil and gas companies are expected to be the main beneficiaries of the Republican candidate’s victory in the presidential race.
Here are some expected changes:
Electric cars
Trump has repeatedly promised to end a host of federal policies that encourage electric vehicle sales, and his victory creates an opportunity for change from day one.
The main goal is to regulate an environmental agency to reduce tailpipe pollution from cars and light trucks, which will have powers that allow it to force carmakers to sell more electric and hybrid car models over time.
Oil and gas
Promising to “unleash America’s energy machine,” Trump said he had plans to “unlock massive deposits of liquid gold on American public lands for energy development.”
This is a major shift from President Joe Biden’s policies, which sought to limit fossil fuel extraction, so Trump can issue instructions to re-review Biden’s policies in this area.
LNG exports
The Biden administration’s suspension of new permits to export liquefied natural gas has come to an end thanks to Trump’s victory, as Trump pledged to end the suspension of permits on “his first day after his return.”
Potential beneficiaries include Venture Global LNG Inc, Energy Transfer LP and Commonwealth LNG, which have pending projects with the US Department of Energy.
Offshore wind energy
Trump has not specified how he will handle the emerging offshore wind industry, and it comes as developers work to install turbines at multi-billion-dollar wind farms along the US East Coast.
But it is worth noting that Trump has been relentlessly critical of the potential impacts on birds and whales, and used a rally in New Jersey earlier this year to pledge action targeting the industry “on Day One.”
Power plants
Trump has repeatedly promised to “repeal” a set of rules aimed at restricting pollution emanating from power plants, and encouraging the closure of coal-fired electricity generation units. Trump believes that the growing demand for energy from artificial intelligence and manufacturing means that the United States needs to build more of these units, And not close it.
Trump said in a press conference in August that with artificial intelligence, “we will need twice the amount of electricity currently supplied to everything in the entire United States of America.”
Source: Bloomberg
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### Interview on the Implications of a 2nd Trump Presidency for Climate Change
**Host:** Welcome to our program! Today, we have a special guest, Dr. Maria Green, an environmental policy expert and senior researcher at the Center for Climate Solutions. We’ll be discussing the implications of Donald Trump’s recent victory in the presidential race on climate policies in the United States. Dr. Green, thank you for joining us.
**Dr. Maria Green:** Thank you for having me!
**Host:** Let’s dive right in. Following Trump’s election, we’ve seen a clear shift in focus toward fossil fuels and deregulation. How do you interpret this shift in terms of its impact on environmental policies?
**Dr. Green:** Trump’s victory signals a return to an energy policy heavily favoring fossil fuels. His rhetoric around the “New Green Hoax” suggests a dismissal of the scientific consensus on climate change, which is alarming. The immediate implications include likely rollbacks of existing policies that promote renewable energy sources and electric vehicles.
**Host:** Speaking of electric vehicles, Trump has promised to end federal incentives that encourage their sale. What impact do you think this could have on the automotive industry and emissions overall?
**Dr. Green:** Eliminating these incentives could significantly hinder the growth of the electric vehicle market in the U.S. Without government support, manufacturers may not feel the pressure to innovate or produce more electric models, leading to higher emissions as consumers stick with combustion engine vehicles. This change could derail progress we’ve seen in reducing transportation-related emissions.
**Host:** Trump’s plans to “unleash America’s energy machine” by expanding oil and gas production on public lands have also been highlighted. What are the potential environmental consequences of this approach?
**Dr. Green:** Expanding oil and gas drilling can lead to significant habitat destruction, increased greenhouse gas emissions, and a host of local pollution issues. Additionally, this shift could exacerbate the climate crisis, as it goes directly against the urgent need to reduce fossil fuel reliance if we want to meet global climate targets.
**Host:** Some reports suggest that even Republicans who benefit from clean energy are vocalizing concerns over these policies. Do you think there could be bipartisan pushback against Trump’s climate agenda?
**Dr. Green:** It’s entirely possible that certain Republican leaders—particularly those representing districts that thrive on clean energy jobs—might stand up against extreme deregulation. The clean energy sector has been creating jobs rapidly, and voters in those regions may resist policies that threaten those economic benefits.
**Host:** As we approach these changes, what are some actions that concerned citizens can take to advocate for climate policies?
**Dr. Green:** People’s voices matter, and they can impact policy at both local and national levels. Engaging with local representatives, participating in advocacy groups, or supporting organizations that promote sustainable energy solutions can create an ecosystem that encourages a shift back toward responsible environmental policies.
**Host:** Dr. Green, thank you for your insights on this urgent and critical topic. It seems we’re at a key moment for climate action in the U.S. as we face these significant policy shifts.
**Dr. Green:** Thank you for having me! The conversation about climate action is more important than ever, and we must remain vigilant.
**Host:** That’s it for today’s segment. Join us next time as we continue to explore the effects of political changes on our environment and our future.
