Time to get to work.
Utility Dive (11/6/24) reports: "A second term of Donald Trump’s presidency will be a 'setback' for climate protection and the clean energy transition, but advocates also say they expect momentum to continue, particularly at the local level. 'There is no denying that another Trump presidency will stall national efforts to tackle the climate crisis and protect the environment, but most U.S. state, local, and private sector leaders are committed to charging ahead,' Dan Lashof, U.S. director of the World Resources Institute, said in a statement. Trump made a victory speech at about 2:30 a.m. in Florida, and U.S. news media have called the race in his favor. He will be the second president to serve non-consecutive terms, and has vowed to support the U.S. oil and gas sectors, overturn rules limiting power plant emissions and roll back government support for electric vehicles...The American Energy Alliance congratulated Trump, saying the group looks forward to working with him to 'unwind the Biden-Harris administration’s regulatory onslaught on American energy producers.' AEA is the advocacy arm of the Institute for Energy Research, which was a member of the 2025 Presidential Transition Project advisory coalition organized by the Heritage Foundation. Project 2025 sketched a potential roadmap for a second Trump administration, though the former and future President’s campaign has sought to distance itself from the plan. 'Throughout his campaign, President Trump expressed his unabashed support for American energy,' IER and AEA President Thomas Pyle said in a statement. 'He promised to embrace domestic oil and gas production, lower energy and electricity prices, and undo the inflationary Biden-Harris Green New Deal policies, especially the wasteful taxpayer funded subsidies in the so-called Inflation Reduction Act.'"
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"The Fed’s legal mandate is to maximize employment and price stability. Why is it pouring money into climate research? And, given the low quality of its climate research, how can we trust its judgment about the soundness of its research on banking and monetary policy?"
– David Barker, AIER
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