REMINDER: President Biden Combats Climate Change and Creates Jobs While MAGA Republicans Cozy Up to Big Oil and Gas
March 7, 2024
DNC Rapid Response Director Alex Floyd released the following statement:
“President Biden is tackling the climate crisis head-on while helping to create jobs here at home. Through his Inflation Reduction Act, President Biden is investing in industries of the future, leading a manufacturing boom, and overseeing the creation of hundreds of thousands of good-paying green jobs nationwide. The stakes in November couldn’t be higher: Trump and MAGA Republicans would put American jobs on the line just to help their special interest buddies.”
President Biden’s Inflation Reduction Act is the largest investment in climate in history — tackling climate change head-on and creating hundreds of thousands of good-paying green jobs.
Climate Power: “Since President Joe Biden’s landmark climate and clean energy investments became law in August 2022, American companies have taken bold steps forward to build our clean energy future… In just over a year, companies have announced or moved forward with projects accounting for more than 271,713 new clean energy jobs for electricians, mechanics, construction workers, technicians, support staff, and many others.”
CNBC: “The bill, which President Joe Biden signed into law in August, is the most aggressive climate investment ever taken by Congress and is expected to slash the country’s planet-warming carbon emissions by about 40% this decade and move the country toward a net-zero economy by 2050.”
New York Times: “The data show that in the year since the climate law passed, spending on clean-energy technologies accounted for 4 percent of the nation’s total investment in structures, equipment and durable consumer goods — more than double the share from four years ago.”
Meanwhile, Trump’s climate “agenda” has only served one purpose: denying the impact of climate change and gutting environmental protections to help his wealthy Big Oil and Big Gas friends.
Bloomberg: “Donald Trump is the oil and gas industry’s undisputed top pick for the Republican presidential nomination as energy sector donors shower his candidacy with nearly 10 times the amount of money as they gave his challenger Nikki Haley.”
New York Times: “Over four years, the Trump administration dismantled major climate policies and rolled back many more rules governing clean air, water, wildlife and toxic chemicals. In all, a New York Times analysis, based on research from Harvard Law School, Columbia Law School and other sources, counts nearly 100 environmental rules officially reversed, revoked or otherwise rolled back under Mr. Trump.”
Washington Post: “Trump reiterated some of his frequently repeated falsehoods and petty grievances. ‘The global warming hoax, it just never ends,’ he said. He mocked the concept of sea levels rising, disputing widely held science. ‘To which I say, great, we have more waterfront property,’ he said. ‘There was a big thing about global cooling — what will be next?’ he said. Trump said he was
more concerned about ‘nuclear warming’ than global warming.”
Rolling Stone: “Trump was in South Carolina to support House candidates Katie Arrington and Russell Fry, as well as the Republican Party as a whole ahead of the midterms in November. He thusly spent plenty of time bashing Democratic policy initiatives. He dismissed the idea that climate change is anything to worry about. ‘The oceans are going to rise 1/100 th of an inch in the next 300 years and it’s going to kill everybody,’ he said sarcastically. ‘It’s going create more oceanfront property, that’s what it’s going to do.’”
Associated Press: “EPA said the previous rule imposed broad restrictions and requirements on when and how the agency conducts cost-benefit analyses, without explaining why the requirements were needed. The Trump rule was unnecessary to carry out provisions of the Clean Air Act, because EPA already conducts cost-benefits analyses for clean air rules, the agency said. The previous rule was part of a wave of deregulatory actions under President Donald Trump, who rolled back dozens of environmental rules he considered overly burdensome on businesses. Many of the regulations were designed to protect the environment and public health, but were viewed by the Trump administration as costly and unnecessary.”
MAGA Republicans continue to play politics with the Inflation Reduction Act, with repeated calls to repeal it — even though some have tried to take credit for the dough after voting no.
New York Times: “Republican lawmakers have tried, unsuccessfully, to repeal much of the law since it was passed entirely with Democratic votes in 2022. Company officials and energy researchers say a broad repeal of the law remains unlikely, given that many new projects are creating jobs and generating investment in Republican districts.”
The Guardian: “At least a dozen Republican members of Congress have welcomed clean energy investment flowing to their electorates following Joe Biden’s landmark climate bill, even as they launch fresh attempts to dismantle the legislation.”
Financial Times: “Donald Trump is planning to gut US President Joe Biden’s landmark climate law, increase investment in fossil fuels and roll back regulations aimed at accelerating the transition to electric vehicles if he is elected next year… They added that the Inflation Reduction Act — the centrepiece of Biden’s economic strategy, with $369bn in tax breaks and subsidies for clean energy — would be in Trump’s crosshairs.”