Trump's Climate Policy Repeal Threatens Billions in Costs and Global Impact

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Source: The Guardian
Trump's Climate Policy Repeal Threatens Billions in Costs and Global Impact
Photo: The Guardian
TL;DR Summary

A new report warns that Donald Trump's promise to repeal Joe Biden's climate policies could cost the US billions in lost investments and exports, while boosting China's leadership in clean energy. The analysis suggests that scrapping these policies could push $80 billion of investment abroad and cost the US up to $50 billion in exports, undermining its position in the global clean energy race. Despite Trump's focus on fossil fuels, renewables are expected to continue growing due to their economic attractiveness.

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