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Business Daily
Is Donald Trump's comeback bad news for green energy?
Business Daily
Dec 9, 2024

Donald Trump's return to the White House has raised big questions about what he'll do to the US' growing green energy sector. On the campaign trail he promised to undo Joe Biden's Inflation Reduction Act, the biggest piece of climate legislation in US history. The IRA gives incentives and tax breaks for green industries and has created hundreds of thousands of jobs, many of those in Republican voting states.

President-elect Trump also pledged to end offshore wind "on day one" and reverse emissions rules aimed at increasing the number of electric cars on America's roads.

Will he keep those promises? And what of the influence of Elon Musk, the world's richest man, now in Donald Trump's inner circle? Is he worrying about what a Trump presidency might mean for his car company Tesla and will he be lobbying behind the scenes on behalf of electric vehicles?

We hear what people in those sectors think will happen under Trump 2.0. Can the renewables industry survive or even grow over the next four years?

Produced and presented by Lexy O'Connor

(Image: President-elect Donald Trump and Elon Musk talk during a UFC event in New York. Credit Chris Unger / Getty Images)

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Is Donald Trump's comeback bad news for green energy?

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