Trump Dismantles Climate Policies, Targeting Up to $4.7 Trillion in Green Subsidies
Updated
Updated · Fox News · Jun 11
Trump Dismantles Climate Policies, Targeting Up to $4.7 Trillion in Green Subsidies
3 articles · Updated · Fox News · Jun 11
Summary
Trump cast his rollback of Biden-era climate rules as an affordability push, arguing cheaper fossil fuels are essential to lowering long-term energy and power costs.
He singled out wind as costly and unreliable, and said subsidies for wind, solar, transmission and battery buildouts would impose trillions of dollars in added costs.
The critique extends to Biden policies that curbed oil leasing, blocked pipelines and pushed electric vehicles and electric appliances over gasoline cars and natural-gas equipment.
Supporters of the rollback argue fossil fuels still supply about 80% of U.S. energy needs and point to California and Western Europe as examples where aggressive climate policy coincided with higher electricity rates.
Democrats are still attacking Trump on affordability as gasoline prices rise during the Iran war, but the broader fight is over whether lower consumer costs can coexist with climate-driven energy policy.