A memo written by president-elect Donald Trump’s transition team entitled ‘What to expect from the Trump Administration’ reveals the future energy plans of the US, which amount to a “fossil fuel industry wish list”, according to industry watchdog the Centre of media and Democracy (CMD).
The Obama administration is continuing a last-ditch push for renewables in the announcement of international clean energy funding and initiatives in a host of new incentives and international agreements that don’t require Congress’ consent.
New analysis from Deutsche Bank reveals that even if President-elect Trump follows through with all his anti-clean energy promises surrounding the Clean Power Plan, the Paris Agreement and the ITC, all is not lost for the US clean energy industry.
When renewables-novice and coal champion Donald Trump won the US presidential election yesterday, the global energy industry gawked in horror. Initial review of the Republican billionaire’s energy plans might leave the impression that the progress clean energy sources have achieved so far will be undone. A deeper look into Trump’s energy policy under adviser Kevin Cramer reveals a siege on existing regulation and a roll-back on spending.
Whilst the US is destined for a tectonic shift in its energy landscape under either prospective president, new analysis from Lux Research suggests that Trump’s policies would leave emissions 16% higher after two terms than Clinton’s.