Energy Evolution cover image

Energy Evolution

Trump makes big moves on energy, climate early in return to presidency

Jan 28, 2025
Anna Mosby, head of environmental policy at S&P Global, Jonathan Elkind from Columbia University, and Andy Marsh, CEO of Plug Power, dive into the shifting U.S. energy landscape under Trump’s administration. They discuss the rollback of climate policies, the impact on fossil fuel initiatives, and the potential effects on global energy markets. Marsh shares insights on Plug Power's green hydrogen advancements amid regulatory uncertainty. The group emphasizes the implications of a national energy emergency and how these changes could reshape the future of clean energy.
41:17

Podcast summary created with Snipd AI

Quick takeaways

  • President Trump's declaration of a national energy emergency entails significant policy reversals aimed at bolstering fossil fuel production and deregulation.
  • Despite potential policy shifts under Trump's administration, market dynamics may sustain growth in renewable sectors like electric vehicles and wind energy.

Deep dives

Trump's Energy Policy Changes

On his first day in office, President Trump declared a national energy emergency and initiated plans to reverse several policies from the previous administration that he viewed as detrimental to domestic energy production. This included efforts to end electric vehicle mandates, ramp up oil and gas leasing on federal lands, and streamline energy infrastructure permitting. Trump also aimed to revoke climate-related regulations and enacted tariffs on foreign imports to reduce domestic energy costs. These actions signify a substantial pivot towards fossil fuel support and could potentially hinder renewable energy growth.

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