Brookings
·
Published
August 3, 2024
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Summary

  • Samantha Gross and Louison Sall at Brookings argue that Donald Trump advocates for a shift in U.S. energy policy, focusing on fossil fuels, reducing regulations, and opposing renewable energy initiatives to lower energy costs and achieve "energy dominance."
  • The article asserts that Trump's ability to implement his energy agenda depends on Congress and the courts, with recent Supreme Court decisions potentially aiding his deregulatory efforts in a second term.

Overview:

This article was written by Samantha Gross and Louison Sall at Brookings.

  • A second Trump administration would emphasize fossil fuel dominance and deregulation while rolling back renewable energy initiatives.
  • Success in achieving these goals would depend largely on congressional support and judicial interpretations of regulatory laws.

Key Quotes:

  • “Trump claims that aggressive drilling policies could reduce energy costs by 50%.”
  • "A second Trump administration would likely succeed in changing key regulations, which the executive branch can accomplish on its own."

What They Discuss:

  • Trump aims to increase domestic fossil fuel production, refilling the strategic petroleum reserve, and removing delays on federal drilling permits and leases.
  • Despite Trump's criticism of Biden’s renewable energy policies, renewable energies like wind and solar have been proven to be cost-effective in many cases.
  • Trump's statements on U.S. energy resource sizes are often exaggerated; the U.S. ranks between ninth and 11th for oil reserves and fourth or fifth for natural gas reserves.
  • Biden-era climate and energy laws such as the Infrastructure Investment and Jobs Act (IIJA) and the Inflation Reduction Act (IRA) would be difficult to repeal without significant congressional support.
  • Supreme Court decisions like West Virginia v. EPA and the end of Chevron deference could aid a Trump administration in rolling back regulations.

What They Recommend:

  • The authors recommend looking critically at the feasibility of Trump's energy policy goals, especially his claims about reducing energy costs through increased drilling.
  • They suggest understanding the role of existing laws like the IIJA and IRA that may limit the extent to which future administrations can undo current policies.
  • They highlight the importance of acknowledging market realities, such as the global pricing of oil, which might undermine the purported benefits of aggressive drilling policies.

Key Takeaways:

  • Achieving Trump's extensive energy policy changes requires more than executive orders; congressional support and judicial interpretations are crucial.
  • A rightward shift in federal courts and more experienced administration staff could make regulatory rollbacks more likely under a potential second Trump administration.
  • Renewable energy initiatives face strong opposition from Trump, but existing investments and policies under Biden may provide resilience against complete rollbacks.
  • Supreme Court rulings on administrative law could lead to significant changes in how regulations are interpreted and enforced.

This is a brief overview of the article by Samantha Gross and Louison Sall at Brookings. For complete insights, we recommend reading the full article.

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Original Read Time
9 min
Organization
The Brookings Institution
Category
Israel-Gaza War
Political Ideology
Center Left

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