Trump energy allies anticipate boom times for oil, gas, mining
Trump's energy policies seen as boon for fossil fuel industries
The Trump administration's energy policies are expected to lead to a boom in oil, gas, and mining, according to industry experts. The policies, which include deregulation, tax cuts, and increased access to public lands, are seen as a major victory for the fossil fuel industries.
The American Petroleum Institute (API), a trade association representing the oil and gas industry, estimates that the Trump administration's policies could lead to an increase of 1.5 million jobs and $400 billion in investment in the oil and gas industry by 2025.
The National Mining Association (NMA), a trade association representing the mining industry, estimates that the Trump administration's policies could lead to an increase of 500,000 jobs and $100 billion in investment in the mining industry by 2025.
Critics say policies will harm environment, public health
Critics of the Trump administration's energy policies argue that they will harm the environment and public health. They point to the administration's decision to withdraw from the Paris Climate Agreement, its rollback of methane regulations, and its support for oil drilling in the Arctic National Wildlife Refuge.
The Environmental Protection Agency (EPA) has estimated that the Trump administration's policies could lead to an increase in air pollution, water pollution, and greenhouse gas emissions.
The Centers for Disease Control and Prevention (CDC) has estimated that the Trump administration's policies could lead to an increase in respiratory illnesses, cardiovascular disease, and cancer.
Future of energy policy uncertain
The future of energy policy in the United States is uncertain. The Trump administration's policies are likely to face legal challenges, and it is possible that a future administration could reverse them.
The long-term trend towards renewable energy is also likely to continue, as the cost of solar and wind power continues to decline.
The future of energy policy will depend on a number of factors, including the outcome of the 2020 election, the actions of the courts, and the pace of technological innovation.