"Draft legislation released by the Senate Finance Committee includes $18 billion in new tax benefits for oil and gas companies and guts those for renewable energy and electric vehicles."
"In a week when the Trump administration moved forward on multiple fronts to repeal U.S. climate policies, a new analysis quantified the potential costs for public health, households and the economy—including a stunning $1.1 trillion reduction in U.S. gross domestic product by 2035."
"The president hasn't directly targeted the nascent industry, but his clean energy rollbacks could hurt it."
"Two more former industry lobbyists have taken up influential positions at President Trump’s Interior Department, Public Domain has learned." "They join a stable of industry insiders at DOI, including DOGE operative Tyler Hassen, who made millions in the energy sector before joining the agency"
"The measure, passed by the House, would roll back incentives for people to buy electric vehicles and for automakers to make them in the U.S."
"Some said they worried that California’s planned ban on gas-powered vehicles would raise the price of cars. Another cited “intense and misleading lobbying” by the oil industry."
"An exclusive Inside Climate News analysis found that a single year of greenhouse gas emissions from tankers carrying LNG from the United States more than cancels out the annual reductions achieved through driving all the electric vehicles currently on U.S. roads."
"President Donald Trump’s tariff blitz has sent shock waves throughout every aspect of the global economy, including the auto sector, where multi-billion-dollar plans to electrify in the United States are especially at risk."
"The levies are expected to drive up costs for U.S. companies that rely on renewable energy technology from abroad and scramble supply chains worldwide."
"President Trump announced on Monday that he planned to relax limits on pollution from cars, saying that the move wouldn’t “mean a damn bit of difference to the environment.” But decades of science show that the pollution from automobile tailpipes has harmed the environment and public health, from the days when leaded gasoline sent neurotoxins into the air and soil to the carbon dioxide emissions that are heating the planet right now."
