Similar Stories to Repealing Biden’s Climate Bills Won’t Kill Clean Energy, But It May Cripple Us Manufacturing on Bing News

This story was originally published by the Guardian and is reproduced here as part of the Climate Desk collaboration. The United States’s blossoming emergence as a clean energy superpower could be stopped in its tracks by Donald Trump, further empowering Chinese leadership and forfeiting tens of billions of dollars of investment to other countries, according to a new report. Trump’s promise to repeal major climate policies passed during Joe Biden’s presidency threatens to push $80 billion of investment to other countries and cost the US up to $50 billion in lost exports, the analysis found, surrendering ground to China and other emerging powers in the race to build electric cars, batteries, solar and wind energy for the world. “The US will still install a bunch of solar panels and wind turbines, but getting rid of those policies would harm the US’s bid for leadership in this new world,” said Bentley Allan, an environmental and political policy expert at Johns Hopkins University, who co-authored the new study. “The energy transition is inevitable and the future prosperity of countries hinges on being part of the clean energy supply chain,” he said.

BING NEWS:
  • Repealing Biden’s Climate Bills Won’t Kill Clean Energy, But It May Cripple US Manufacturing
    Under Biden, the US legislated the Chips Act, the Bipartisan Infrastructure Law, and the Inflation Reduction Act, all aimed in varying degrees to deal with the climate crisis while also bolstering ...
    11/17/2024 - 10:32 pm | View Link
  • From the Amazon rainforest, Biden declares nobody can reverse US progress on clean energy
    Speaking from the Amazon rainforest, President Joe Biden declared Sunday that there’s no going back in America’s “clean energy revolution” even as the incoming Trump administration vows to spur fossil ...
    11/17/2024 - 4:07 pm | View Link
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