Cato Daily Podcast
Trump and Harris on Energy Policy
Jul 25, 2024
Energy policy expert Travis Fisher from Cato Institute discusses the contrasting energy policies of Trump and Harris, highlighting their views on high tariffs, clean energy, fracking, and electric vehicles. Harris emphasizes subsidies and pollution fees for revenue, while Trump focuses on revenue generation through tariffs. They differ on emissions reduction goals and the transition to electric vehicles.
08:02
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Quick takeaways
- Both Trump and Harris support imposing high tariffs on electric vehicles and solar panels, hindering progress towards cleaner energy solutions.
- Harris advocates for a ban on hydraulic fracking to achieve clean energy goals, while Trump focuses on promoting drilling and independence from agreements like the Paris Accord.
Deep dives
Agreement on High Tariffs
Both Donald Trump and Kamala Harris are in agreement on imposing high tariffs on items like electric vehicles and solar panels which would increase costs and hinder progress towards cleaner energy solutions. Trump's approach involves a broad 10% tariff on various goods, while Harris's plan leans towards punitive pollution fees, particularly targeting the fossil fuel industry.
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