<
https://reneweconomy.com.au/trumps-return-is-a-catastrophe-for-climate-and-us-energy-transition-and-china-wins-the-cleantech-race/>
"The re-election of Donald Trump as US president – a charlatan, fool, felon and
climate denier captured and paid for by the fossil fuel cartel – is a bitter
irony after the devastating climate-change driven floods that smashed parts of
the southeast US recently.
Trump’s ‘drill baby drill’ climate and energy ‘policies’ are a disaster for the
nation, for intergenerational equity and equality, and will impact global
efforts to mitigate climate change.
It is likely that he will undermine the Paris Agreement, as he did in his
previous presidency, reduce support for renewables, close down the NOAA which
monitors emissions, roll back environmental protections and fossil fuel
industry regulation, and give free rein to big coal, oil and gas.
He will potentially trash key parts of President Biden’s landmark green new
deal
Inflation Reduction Act, and the unprecedented $1 trillion investment
into economic decarbonisation, including cleantech industry development and
incentives for consumer clean energy resources.
Trump’s promised tariffs on cleantech imports such as EVs and solar directly
from China, and indirectly from ASEAN and Mexico, will do untold harm to US
consumers already slammed by cost of living pressures, to the economy more
broadly, and to the US’s global geopolitical standing.
Nevertheless, despite this crushing setback for US decarbonisation, the global
energy transition is inevitable, inexorable and accelerating in many countries
across the world. The US will be isolated and will now certainly lose the
global cleantech race.
China wins."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
