Trump Administration
Trump takes aim at Biden’s green investments with ‘Drill, baby, drill’
Trump is expected to pivot back to fossil fuels over Biden’s historic efforts to curb greenhouse gases
Published 1 hour ago •
Updated 1 hour ago
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The first time that Donald Trump ran for the White House he vowed to save the ailing coal industry.
Instead the jobs kept disappearing. The industry couldn’t compete.
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Fewer tons of coal were mined even as he disparaged clean energy in favor of fossil fuels and worked to eliminate environmental regulations meant to curb global warming.
Today as Trump prepares to return to the White House and seems no less hostile toward renewable power, environmentalists are hoping economic factors will again win over ideology.
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“We are already seeing market forces beat political posturing,” said August Fern, a partner at Baruch Future Ventures, a family investment firm focused on climate technology. “When a new solar plant is the lowest cost option, it will beat out fossil-fueled power every time.”
She and others predict that progress will continue across many green fronts, from improving the production and storage of renewable energy to cutting air and water pollution. Projects funded by the Biden administration’s signature climate change programs — the Infrastructure Investment and Jobs Act, the CHIPS and Science Act and the Inflation Reduction Act — have sent funds to Republican as well as Democratic areas, bringing jobs and promising greater resilience to natural disasters. Cities and states are moving forward with commitments to reduce greenhouse gas emissions. Businesses have made long-term investments toward manufacturing electric vehicles and other green technology.
Photo by Melissa Sue Gerrits/Getty Images
ASHEVILLE, NORTH CAROLINA – SEPTEMBER 28: Heavy rains from hurricane Helene caused record flooding and damage on September 28, 2024 in Asheville, North Carolina. Hurricane Helene made landfall in Florida’s Big Bend on Thursday night with winds up to 140 mph and storm surges that killed at least 42 people in several states. That optimism aside, a second Trump administration still could jeopardize the reduction of emissions that environmentalists say is needed to lessen the damage of climate change, which is increasingly more severe and expensive.
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