Donald Trump would rescind many of President Joe Biden's clean energy policies regarding emissions and power plants while speeding up approvals for "hundreds of new power plants," if he is elected president, the Trump campaign said this week.
If elected in November, Trump "will immediately stop all Biden-Harris policies that distort energy markets, limit consumer choice and drive up the costs on consumers on day one," David Bernhardt, a former Interior Department secretary in Trump's first term in office said in a call organized by the campaign, as carried by Reuters.
A second Trump administration would also accelerate approvals of energy projects and "greenlight the construction of hundreds of new power plants," Bernhardt said, without giving details about what type of energy these plants would use.
Under President Biden, the U.S. Environmental Protection Agency (EPA) announced in April final rules on emissions reductions of power plants which would force coal-fired power plants that plan to run in the long-term and all new baseload gas-fired plants to capture most of their carbon emissions.
EPA has excluded existing gas-fired power plants from the new regulation that would mandate the installation of carbon capture systems on smokestacks to reduce emissions. This was one of the most controversial issues during the rule-making process.
EPA's rules on power plant emissions sued the Administration over the strict rules on emissions from power plants.
Trump has been signaling on the campaign trail that he would back new fossil fuel developments and new fossil power plants and would roll back a number of green energy policies introduced by President Biden and his VP Kamala Harris, who is running for the presidency against Trump.
Trump is expected to overturn or at least try to dismantle many of President Biden's energy and climate policies. The Biden Administration's methane rules, LNG export pause, EV mandates, federal oil and gas leasing, and even the Inflation Reduction Act or parts of it could be all on the chopping block in a second Trump term in office.
By Tsvetana Paraskova for Oilprice.com
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Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More
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