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ARTICLE · 23 JULY 2024

This Week's Climate Policy Update (July 18, 2024)

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On Monday, July 15, at the opening day of the Republican National Convention, former President Donald Trump announced his selection of Sen. J.D. Vance...

GlobalEnergy and Natural Resources

On Monday, July 15, at the opening day of the Republican National Convention, former President Donald Trump announced his selection of Sen. J.D. Vance (R-OH) as his vice-presidential candidate, signaling a firm commitment to fossil fuel advocacy and opposition to renewable energy. Vance is vocal against President Biden's clean energy policies, which he critiqued openly at the Convention. While the selection aligns with the broader Republican agenda of championing fossil fuels and criticizing current administration's energy strategies, the ticket has drawn its own share of industry concern. The oil and gas industry has expressed uneasiness over Trump's protectionist trade policies, fearing inflation and trade retaliation. The American Petroleum Institute, advocating for free markets and free trade, stresses the necessity of reducing trade barriers and maintaining certain tax incentives, including those for carbon capture and clean energy, to mitigate potential adverse

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