Summary

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

This plan could result in significant economic losses, including up to $80 billion in investments and billions more in forfeited exports. Moreover, it would cede leadership in the clean energy sector to China and other nations.

On the contrary, policies like the Inflation Reduction Act (IRA) have been instrumental in driving $150 billion in new U.S. manufacturing, particularly in Republican-dominated regions. These policies have also created approximately 300,000 jobs.

Trump’s proposed rollback poses a threat to the U.S.’s competitiveness in the solar, wind, and electric vehicle industries. This could further reinforce China’s dominance in the clean energy markets.

  • ChicoSuave@lemmy.world
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    18 hours ago

    No one who can do anything cares and anyone who cares can do nothing. Trump will ruin all the progress no matter the cost. He and his tools are out to fuck up all the nice things that other people got because they want to. The cost doesn’t matter since the people who worry about that sort of thing hired Trump in the first place. Trump has exclusive control of the entire government so there will be horrendous problems for the first 2 years. We will see if people turn out to slow the inhumanity machine or like what it is doing.