Trump favors traditional fossil fuels U.S. New Energy will “go forward”?

Newspaper reporter Liu Haiying in the United States

Picture from network

Trump entered the White House and many people expressed concern about the prospects for new energy in the United States. This is not a matter of anxiety. Trump’s attitude towards traditional fossil fuels and new energy has given people cause for concern. But will the new energy industry in the United States really go into a dead end? From the experts' point of view, even though Trump has really closed the door to new energy development, it still leaves a few windows. The road to the new energy revolution in the United States will continue to extend.

Traditional energy meets development opportunities again

Trump never denounced his interest in traditional fossil fuels. The traditional energy industry has long-term interests with the Republican Party and has been a staunch supporter of it for many years. As early as the election phase, Trump declared that he would like to make American energy independent and vigorously develop the traditional energy industry. The Republican Party took hold of the Senate and the House of Representatives. After Trump took over the White House, there was no reason not to give a return to the traditional energy industry. For this reason, many people who have a close relationship with the traditional energy industry have entered the cabinet.

According to the “U.S. Priority Energy Plan” disclosed by the White House website, the United States has untapped oil and gas reserves worth US$50 trillion, and the United States should make full use of these resources to reduce its dependence on foreign oil. In fact, oil and gas production in the United States has increased significantly in recent years. A report from the U.S. think tank's New American Security Center shows that the U.S. domestic crude oil output was 5.4 million barrels per day in 2010 and increased to 9.4 million barrels in 2015; the annual output of natural gas rose from 21.3 trillion cubic feet to 27 trillion cubic feet. .

In the first week after Trump entered the White House, he signed an executive order to restart the “Keystone” XL pipeline that was previously rejected by President Obama and the construction of the Dakota Passage Pipeline suspended by the Federal Court. The opportunity for Trump’s domestic oil and gas industry will be even greater.

Of course, we must not forget coal. The traditional energy industry, which looks like a sunless mountain, is now alive with Trump. When Trump campaigned, he promised to rejuvenate the US coal industry and allow miners to return to work. The "U.S. Priority Energy Plan" also clearly stated that the government will work to clean coal technology and revitalize the US coal industry. Although it will be difficult, but as long as the Trump retired to see Obama's determination to clean power plan, the United States coal industry may actually usher in "a further spring."

New energy development or encounter bumps

In the Trump energy policy or plan seen, there is very little talk of new energy, but from its vowed to abolish the “clean power plan” and vowed to withdraw from the “Paris Climate Agreement”, Trump’s views on new energy sources Support will be far less powerful than its predecessor, Obama.

The “clean power plan” is the core of Obama’s climate policy. According to the plan, the US power plant will need to reduce its carbon dioxide emissions by 32% by 2005. This plan gave the vast space for new energy development, but it was opposed by the Republican Party. In February 2016, the U.S. Supreme Court ruled that the suspension of implementation of the plan casts a shadow over the prospect of new energy development in the United States. Trump’s opposition to the Clean Power Program is even stronger. Before entering the White House, it made it clear that the plan would be abolished and threatened to withdraw from the Paris Climate Agreement.

The new US Environmental Protection Agency Director Scott Pratt was one of the leading figures who initiated the abolition of the "clean power plan" legal action. His appointment was met with the most scrutiny, but it was finally confirmed by the Senate in a series of twists and turns. When he took office immediately, he sounded the death knell for the "Clean Power Plan." It can be foreseen that the Trump administration’s support for new energy will be significantly weaker than traditional energy sources. The "clean power plan" was abolished, just as the federal government shut the door to clean energy development. This is not possible. It is unlikely that the new energy industry hopes to receive Trump's full support.

The new energy revolution will not stop there

Although Trump may close the door to new energy development, it does not mean that the new energy revolution in the United States will end.

Dr. He Ping, President of the US International Environment Foundation of China, said in an interview with a reporter from the Science and Technology Daily that, at the current stage, the development of new energy depends mainly on the development of technology, rather than government subsidies and preferences. With the development of technology, the cost of new energy will become lower and lower, and its environmental protection advantages will also gradually increase. The market will make rational choices. He Ping stressed that the impact of the federal government on the states is not great. The decision to develop new energy is in various states. The current preferential policies for new energy also come mainly from the states. About one-third of the states have begun to implement "clean power plans." Even if the federal plan fails, it will not affect these states.

It is also worth noting that among the members of the Trump cabinet there are also practitioners who develop new energy sources. During his tenure as governor of Texas, Minister of Energy Rick Perry vigorously developed wind energy while developing the oil and gas industry to increase employment and promote economic development. Developing the economy and letting the United States become stronger again is Trump’s wish for the voters. After the new energy shows its role in promoting the economy, it is believed that the Trump administration will not give up.

(Technical Daily, Washington, March 20)

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