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In new term, Trump set to go after measures that are doing the most to fight climate change

by Web Desk
2 years ago
in Business, Global Business, Top News
In new term, Trump set to go after measures that are doing the most to fight climate change
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WASHINGTON (news agencies) — The election of Donald Trump as president for a second time and the Republican takeback of the U.S. Senate could undo many of the national climate policies that are most reducing planet-warming greenhouse gas emissions, according to climate solutions experts.

When they list measures that are making the most difference, it lines up with policies Trump has said he’ll target.

These rollbacks will come as more lives are being lost in heat waves, record amounts of climate pollution are accumulating in the atmosphere, the United States has been hit with what may be two of its most expensive hurricanes, and nations, which will meet in Baku, Azerbaijan next week for climate negotiations, have failed to take strong action to change these realities.

Here are some of the measures.

This law is significant because it is expected to reduce U.S. emissions by about 40% by 2030, if it unfolds as planned in the coming years.

It funnels money to measures that substitute clean energy for dirty. One major way it does so is by giving credits to businessespeople who build new solar and wind farms.

But it’s not limited to that. It encourages developers of geothermal energy and businesses that separate the carbon dioxide from their smokestacks and bury it underground. It incentivizes the next generation of nuclear power. It gives a $7,500 tax credit to people who buy electric cars. People who buy their cars used can get a credit too, as long as they don’t earn too much to qualify.

Trump, by contrast, has summed up his energy policy as “drill, baby, drill” and pledged to dismantle what he calls Democrats’ “green new scam” in favor of boosting production of fossil fuels such as oil, natural gas and coal, the main causes of climate change.

He vows to end subsidies for wind power that were included in the landmark 2022 climate law.

If Trump does target the climate law, there are provisions that are likely safe. One is a credit for companies in advanced manufacturing, because it is perceived as “America first and pro-U.S. business,” said David Shepheard, partner and energy expert at the global consultant Baringa. Incentives for electric vehicles are likely most at risk, he added.

In a call Wednesday morning, Scott Segal, head of a communications group at the law firm Bracewell LLP, which represents the energy industry, said the climate law is not likely to be repealed.

Dan Jasper, a senior policy advisor at Project Drawdown, said repealing parts of the climate law could backfire because most of the investments and jobs are in Republican congressional districts.

The main U.S. rule aimed at reducing the climate change that comes from making electricity at power plants that burn coal is also considered vulnerable. This rule from the Environmental Protection Agency, announced in April, would force many coal-fired plants to capture 90% of their carbon emissions or shut down within eight years, Shepheard said.

It was projected to reduce roughly 1.38 billion metric tons of carbon dioxide through 2047, along with tens of thousands of tons of other harmful air pollutants.

Industry groups and Republican-controlled states have filed legal challenges to a host of EPA rules including this one and Trump’s victory means the Justice Department is unlikely to defend it.

Under a Trump presidency, it is unlikely to survive, Shepheard said.

The United States has been reducing carbon dioxide emissions primarily by replacing coal-fired power plants with clean, renewable power, said Stanford University climate scientist Rob Jackson, who chairs the Global Carbon Project, a group of scientists that tracks countries’ carbon dioxide emissions.

“I hope that we don’t lose sight of the benefits of clean energy,” he said. “It’s not just about the climate. It’s about our lives and our health.”

The Biden administration was under pressure to reduce one of the main pollutants contributing to drought, heat waves, flooding and stronger hurricanes — methane or natural gas. It leaks out of oil and gas equipment, sometimes deliberately when companies consider it too expensive to transport.

The Biden administration issued the first national rules on this.

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