Trump could stop in its tracks US’s emergence as clean energy superpower and forfeit billions in investment

Summary

A new report warns that Trump’s plan to dismantle Biden-era climate policies could hinder the U.S.’s potential as a clean energy superpower.

It could result in significant economic losses, including up to $80 billion in investments and billions more in forfeited exports. Trump’s plan would also cede leadership in the clean energy sector to China and other nations.

In contrast, policies like the Inflation Reduction Act have driven $150 billion in new U.S. manufacturing, particularly in Republican-dominated regions. These policies have also created about 300,000 jobs.

Trump’s proposed rollback threatens the U.S.’s competitiveness in the solar, wind, and electric vehicle industries, further reinforcing China’s dominance in the clean energy markets.

  • NeoToasty@kbin.melroy.org
    15·
    6 days ago

    And even still, red state voting idiots will still see this as “Biden’s Fault”.

    You know, I wish systematic suffering on red state voters. Oh what’s that, some of you are trying to turn your votes around because now you’re scared of what your votes have caused? Too late, no take backs, suffer the consequences, assholes.