This afternoon after he really, officially clinched the Republican presidential nomination, Donald Trump went to the heart of America’s current oil boom to unveil his energy platform. He gave his speech at the Williston Basin Petroleum Conference in Bismarck, North Dakota. While he was sure to fit in his usual anti-immigrant rhetoric and pro-Second Amendment rhetoric, Trump did give us a few insights into what his energy policy could look like.
Unsurprisingly, Trump more or less stuck to the trusty GOP energy handbook: denying climate change, calling to abolish crucial public health standards, and promising to undo progress made in the fight against climate change. Here are just a few of his most noteworthy ideas and their consequences:
Cancel the Paris agreement: Unsurprisingly, Trump reiterated his call to withdrawfrom the Paris Agreement saying, “We’re going to cancel the Paris climate agreement and stop all payments of U.S. tax dollars to U.N. global warming programs.” The Paris agreement is a landmark step in the global fight against climate change that was made possible by U.S. leadership. Global coordination, like the kind orchestrated in the Paris agreement, is necessary for the world’s collective goal of addressing climate change and is good for markets and U.S. companies seeking a clear and consistent path forward. Walking away from the agreement would weaken our position in the global community and threaten American lives and livelihoods.
Abolish the Clean Power Plan: When he referred to the Clean Power Plan in his speech today Trump said, “How stupid is that?” And as part of his big promise to “free up the coal,” he vowed to get rid of all regulations on the coal industry. Not only is the Clean Power Plan key to ensuring the U.S. meets its goal under the Paris agreement, it is also crucial for the public health and economic security of our country. For every $1 invested in the Clean Power Plan, Americans will see $7 in health benefits. And the plan is expected to prevent thousands of premature deaths.
Protect Welfare for Oil Companies: Like the Republican establishment, Trump said “under my plan we’re lowering taxes very substantially, as you know, for businesses…” Oil and gas companies already get nearly $4 billion in tax breaks annually. Meanwhile, a GOP led Congress phased out tax incentives for clean energy. At the same time, Mr. Trump declared that government should not pick winners or losers when it comes to energy. But billions in tax breaks does exactly that.
BOTTOM LINE: Ninety-seven percent of scientists agree on the science behind human-caused climate change. The Pentagon called it an “urgent and growing threat to our national security.” Donald Trump called it a Chinese hoax. In today’s speech, Trump repeated the same old, tired GOP energy policies that would endanger public health and undo meaningful progress in the global fight against climate change.