Trump’s First Energy Moves Are Causing ‘Uncertainty,’ Experts Say
One of the many administrative orders in the first week of the first week of President Donald Trump appealed “Release American energy“It has made major changes to the US energy policy. This document is roughly reminded in many plans in the Bayeng era to try to prevent landmarks Reduce inflation and inflationAnd require new fossil fuel pipelines.
“This is a lot of words, not very specific in some areas.” Louise Bedsworth (Louise Bedsworth)The law of law, energy and environmental center at the University of California, Berkeley.
The news shows that the renewable energy sources in the Biden era are significantly different. Bedsworth said, “This is the” table tennis “of policy priority, which may stabilize an industry.
Many key plans of the Biden government still exist, such as tax credits included in the “Reduction of Inflation” because Congress will have to change anything legal. Including a lot Key tax discount Consider the owner of solar panels, heat pumps, etc.
But what can the administrative command do? How will it affect your consumers? This is what experts say you should look for.
What are the comments of administrative orders for energy policies?
Many things. Experts say that these elements stand out:
- The order aims to “encourage the exploration and production of federal land and waters.” Generally, “energy exploration” refers to the excavation and drilling of fossil fuels.
- It revokes the execution command of many president Joe Biden is related to climate change.
- It ended “and American Climate ArmyEssence “
- It aims to make fossil fuel pipeline faster and easier.
- It immediately suspended all federal funds exported through the “Reduce Inflation Law”.
There are a lot of federal agencies in these measures, and to a large extent, the administrative order requires the person in charge of the agency to return through the action plan within 60 or 90 days. Bedsworth said that the actual changes in the federal institutions have yet to be observed.
“Follow all these fragments and understand where we are, will this be very challenging?” She said.
How much can the administrative order actually do?
Administrative orders seem to be a powerful document, but they have not changed the power of law. That will require Congress behavior. Therefore, this is the segment of the energy administrative command that can actually be completed:
What impact does administrative order affect energy policy?
What can administrative commands do | What can you do if the administrative order cannot be done |
---|---|
By reducing the inflation bill, some expenditures are temporarily stopped, which supports electric vehicles and other clean energy and electrification technologies. | Eliminate or permanently prevent funds from reducing inflation. |
Finish Justice 40 initiativeThis sets a goal that can send 40 % of the funds in the federal climate plan to a unfavorable community. | Eliminate or permanently prevent the funds of infrastructure investment and employment bills. |
Canceling Biden’s administrative order is related to climate and energy policy. | Money scattered through IRA or Iija. |
Bedsworth said that some of these actions are also in line with administrative power, which means: “Many, we will eventually see it in court.”
What does this mean for me as a consumer?
“If there is nothing else, it will bring a lot of uncertainty if nothing else.”
Especially the “Reduction of Inflation” is the location of many consumer -level programs, including EV tax debt also Family Energy PointsFor the big discount Solar panel and Heat pumpEssence
Administrative orders can suspend funds distributed by IRA, but without Congress operations, they cannot stop them permanently. In addition, many incentive measures for consumers are structured through the IRS (IRS) as the structure of tax benefits, not the government’s direct funds, so it is likely to be affected.
However, even if the flow of funds still exists, the government’s propaganda and education may decrease to help consumers access them. “You will eventually see the cooling in the message transmission.”
None of these will stop you from going out as a consumer, and Buy electric vehiclesFor example. Elaina Farnsworth, CEO of Skillfusion: “Technology is getting better and better, the cost is decreased, so the ability to have electric vehicles still exists.”
If you have purchased clean energy technology last year, Your solar panelAnd hope in this year TaxYou should be safe: Experts say that Trump is unlikely to interfere with the tax credit of the US Taxation Agency in 2024.