Environmental and Energy Policy Changes Expected Under Trump’s Return
Published · 2 min read
The incoming administration of President-elect Donald Trump is expected to significantly alter the environmental and energy policies set during the Biden era. This shift is concerning to many who are involved in environmental justice and clean energy projects.
Rollback of Environmental Justice Initiatives
The Biden administration had made environmental justice a major focus, implementing policies to ensure that all government agencies consider its impact in their operations. However, Trump plans to reverse these initiatives, which could reduce support for the communities that need it most. According to J. Michael Showalter, a partner at ArentFox Schiff LLP, Trump’s policies will likely redirect funds away from these disadvantaged communities, impacting civil rights in environmental permitting and enforcement actions.
Impact on U.S. and Global Energy Markets
- Repeal of the Inflation Reduction Act (IRA) and other clean energy measures could lead to decreased U.S. manufacturing and trade, resulting in job losses and a reduction in tax revenue.
- Without U.S. leadership in clean energy, countries like China may fill the void, gaining a significant advantage in global energy markets.
Legal and Political Challenges
The Trump administration’s efforts to change environmental policies might be slowed by the legal system. States and communities are preparing for the expected lack of federal enforcement by planning to take on more responsibility in this area.
Global Energy Transition Continues
Despite potential policy shifts in the U.S., the global move towards clean energy is likely to continue. Experts argue that the energy transition has significant economic and environmental momentum that will not be easily reversed. Even without U.S. leadership, other countries are prepared to advance their clean energy technologies and reduce their carbon emissions.
Future of Clean Energy Investments
The Inflation Reduction Act, aimed at bolstering the U.S. position in clean energy, may face cuts under Trump. Nonetheless, investments made so far have led to substantial growth in clean energy sectors such as solar power and battery manufacturing. Here’s what has been accomplished under the IRA:
| Area | Investment | Outcome |
| Solar Panel Production | $400 billion | Fivefold increase in capacity |
| Battery Industry | $110 billion | Major increase in production |
According to Simon Moores, CEO of Benchmark Mineral Intelligence, these investments are expected to continue to boost the U.S. economy, regardless of policy changes.
Conclusion
While Trump’s presidency may pose challenges to current environmental and energy policies, the groundwork laid by initiatives like the IRA provides some hope that progress will continue. The upcoming years will be pivotal in shaping the U.S. role in global environmental efforts.
