Politics

/

ArcaMax

Mark Gongloff: Trump 2.0 is bad for the climate but not hopeless

Mark Gongloff, Bloomberg Opinion on

Published in Op Eds

In poll after poll, Americans say they care about climate change. But then again, they also say they care about democracy, women’s rights and other such ideals. And yet for the second time in three elections, they have chosen to give ultimate political power to someone loudly and diametrically opposed to them.

For the climate, the best we can hope is that the aftermath of the 2024 election will remain just short of catastrophic. The progress made by President Joe Biden is significant and in some key ways will be difficult to undo. The world’s transition from fossil fuels toward clean energy has a natural momentum that survived Donald Trump’s first term in office and will likely survive his second.

With a big enough dose of hopium, we might even choose to believe that Elon Musk — who has made much of his fortune running a company dependent on that energy transition — will be a moderating influence on a president who says wind turbines kill whales and cause cancer. But Musk isn’t even a moderating influence on himself most of the time, and Trump has repeatedly proved to be a poor candidate for moderation anyway.

Far more likely is that an energy transition described again and again recently as moving too slowly to limit global heating to merely bad levels will receive little to no help from the government of the world’s largest fossil-fuel producer for at least the next four critical years. A Trump administration will add 4 billion more tons of carbon pollution to the atmosphere than a second Biden term would have, according to a June analysis by the nonprofit Carbon Brief. That matches the combined annual emissions of the E.U. and Japan. The country’s goal of cutting emissions in half by 2030 is now a pipe dream.

Project 2025, the Heritage Foundation blueprint for a second Trump term, written by several former Trump officials, calls for overturning Biden’s Inflation Reduction Act, the most important climate legislation in history. It calls for gutting regulation of power plants and auto emissions and widespread drilling for oil and natural gas. It would fill the federal government with climate-change deniers and fossil-fuel lobbyists. And it would remove the U.S. — still one of the world’s biggest carbon polluters — from the global effort to minimize and adapt to environmental chaos.

Of course, we don’t need the Heritage Foundation to tell us what Trump would like to do in a second term; he did all of the above in his first. A big question now is the durability of the scaffolding Biden built in the four-year interregnum between the two, a period that in retrospect was clearly a precious reprieve.

As my Bloomberg Opinion colleague Liam Denning and I have written, Biden’s climate-related executive orders can be excised with the stroke of a pen. Trump-packed courts probably won’t stand in the way of gutting environmental regulations. Trump could shut down the flow of government loans to cleantech projects and make the Internal Revenue Service an obstacle to accessing tax benefits.

On the other hand, the U.S. government isn’t the only player in this game. Local governments can still make a difference. Last Tuesday, Washington voters kept the state’s cap-and-trade program alive. Columbus and Nashville approved mass-transit upgrades. The rest of the world, including corporate America, recognizes the economic, social and public health benefits of building a cleaner future. Ironically, the man who called climate change a Chinese hoax could well hand leadership of the fight against global heating to China.

 

And as Denning has detailed, most of the IRA’s cleantech subsidies are going to Republican districts. GOP politicians have already made it clear they’d like to keep them. If Trump and Republicans in Congress choose to listen, that could keep billions of federal dollars flowing to solar, wind and battery installations, electric-vehicle projects and more. And global energy markets don’t just shift gears at the whim of U.S. presidents.

But electrification and clean energy are only part of the equation for meeting the goal of the Paris Agreement to keep global heating well below 2 degrees Celsius above preindustrial averages. To be truly effective, the IRA’s carrots must be paired with sticks to discourage fossil-fuel use, including carbon pricing and ending implicit and explicit subsidies. Always politically tricky to wield even in the best of times, those will probably never see the light of day in a Trump regime.

The window to curb emissions and avoid the worst outcomes of global heating is closing rapidly. Trump’s government might be about to help slam it shut. It’s up to the Americans who claim to care about such things to join the rest of the world in doing everything they can to push in the other direction.

____

This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.

Mark Gongloff is a Bloomberg Opinion editor and columnist covering climate change. He previously worked for Fortune.com, the Huffington Post and the Wall Street Journal.

_____


©2024 Bloomberg L.P. Visit bloomberg.com/opinion. Distributed by Tribune Content Agency, LLC.

 

Comments

blog comments powered by Disqus

 

Related Channels

ACLU

ACLU

By The ACLU
Amy Goodman

Amy Goodman

By Amy Goodman
Armstrong Williams

Armstrong Williams

By Armstrong Williams
Austin Bay

Austin Bay

By Austin Bay
Ben Shapiro

Ben Shapiro

By Ben Shapiro
Betsy McCaughey

Betsy McCaughey

By Betsy McCaughey
Bill Press

Bill Press

By Bill Press
Bonnie Jean Feldkamp

Bonnie Jean Feldkamp

By Bonnie Jean Feldkamp
Cal Thomas

Cal Thomas

By Cal Thomas
Christine Flowers

Christine Flowers

By Christine Flowers
Clarence Page

Clarence Page

By Clarence Page
Danny Tyree

Danny Tyree

By Danny Tyree
David Harsanyi

David Harsanyi

By David Harsanyi
Debra Saunders

Debra Saunders

By Debra Saunders
Dennis Prager

Dennis Prager

By Dennis Prager
Dick Polman

Dick Polman

By Dick Polman
Erick Erickson

Erick Erickson

By Erick Erickson
Froma Harrop

Froma Harrop

By Froma Harrop
Jacob Sullum

Jacob Sullum

By Jacob Sullum
Jamie Stiehm

Jamie Stiehm

By Jamie Stiehm
Jeff Robbins

Jeff Robbins

By Jeff Robbins
Jessica Johnson

Jessica Johnson

By Jessica Johnson
Jim Hightower

Jim Hightower

By Jim Hightower
Joe Conason

Joe Conason

By Joe Conason
Joe Guzzardi

Joe Guzzardi

By Joe Guzzardi
John Micek

John Micek

By John Micek
John Stossel

John Stossel

By John Stossel
Josh Hammer

Josh Hammer

By Josh Hammer
Judge Andrew Napolitano

Judge Andrew Napolitano

By Judge Andrew P. Napolitano
Laura Hollis

Laura Hollis

By Laura Hollis
Marc Munroe Dion

Marc Munroe Dion

By Marc Munroe Dion
Michael Barone

Michael Barone

By Michael Barone
Michael Reagan

Michael Reagan

By Michael Reagan
Mona Charen

Mona Charen

By Mona Charen
Oliver North and David L. Goetsch

Oliver North and David L. Goetsch

By Oliver North and David L. Goetsch
R. Emmett Tyrrell

R. Emmett Tyrrell

By R. Emmett Tyrrell
Rachel Marsden

Rachel Marsden

By Rachel Marsden
Rich Lowry

Rich Lowry

By Rich Lowry
Robert B. Reich

Robert B. Reich

By Robert B. Reich
Ruben Navarrett Jr

Ruben Navarrett Jr

By Ruben Navarrett Jr.
Ruth Marcus

Ruth Marcus

By Ruth Marcus
S.E. Cupp

S.E. Cupp

By S.E. Cupp
Salena Zito

Salena Zito

By Salena Zito
Star Parker

Star Parker

By Star Parker
Stephen Moore

Stephen Moore

By Stephen Moore
Susan Estrich

Susan Estrich

By Susan Estrich
Ted Rall

Ted Rall

By Ted Rall
Terence P. Jeffrey

Terence P. Jeffrey

By Terence P. Jeffrey
Tim Graham

Tim Graham

By Tim Graham
Tom Purcell

Tom Purcell

By Tom Purcell
Veronique de Rugy

Veronique de Rugy

By Veronique de Rugy
Victor Joecks

Victor Joecks

By Victor Joecks
Wayne Allyn Root

Wayne Allyn Root

By Wayne Allyn Root

Comics

David Fitzsimmons Jeff Danziger Peter Kuper Daryl Cagle Dave Whamond Jimmy Margulies