The US has been blessed with such presidents who intervened when the corporations gained a lot of power. Interferences are sometimes necessary when there is a struggle of corporate interests with public interests. This is because the primary mission of a corporation is to keep the shareholders happy and not the public.
Unfortunately, corporate consolidation and profiteering can endanger public health and welfare. Many presidents have taken steps to break monopoly, eliminate improper trade practices and prevent pricing between other problems. Theodore Roosevelt earned the title of “Trustbuster”. President William Howard Tft used the Sharman Antitrest Act to break the standard oil company and the American tobacco company. President Ronald Reagan helped to break the AT & T. President Dwite Eisenhower warned us to be vigilant about the military complex.
Recently, which biden Order of federal agencies To crack on competitive corporate practices. The agencies complied with entitled cases against technical companies including Google, Amazon, Apple and Meta.
President Trump is cut off with a very different cloth. He is doing everything in his power, which is to create a near-one-authority instead of exposing a one. He is helping the fossil-fuel industry dominating the US energy mix today and in the future.
Last year, Trump Promised to give an air to the industry If it contributed enough money to his Presidential campaign. It distributed, so Trump is also distributing. He is resting the limit of pollution, giving the industry to find new public land $ 6 billion discount For drilling on those lands, and using tariffs Pressure on other countries To buy oil and gas us.
His so -called “Big Beautiful Bill” provides an extra to the industry $ 18 billion in tax breakUpstairs Over $ 20 billion it already receives annual,
Trump’s most market-distributing favor for Big Oil is clean energy, especially the competition from solar and wind energy. The three -year inflation reduction act made the country’s largest investment in renewable energy; Their big bill eliminates those investments ahead of time, in some cases by abolishing already running projects.
Rhodium Group, an independent research organization, notes that a large beautiful bill act “puts more than Trillian dollars of clean energy and transport investment. In the risk of canceling,“Clean-energy manufacturing plants, including $ 110 billion, which have not yet come online.
Republican traditionally argues that the winners should choose not the market, not the government. The winners should have electricity generated from sun and air today. A financial services company releases the annual report on Lazard Inc., “Level” cost Electricity – In other words, what utility should be charged for electricity to build and operate power plants. The latest analysis of Lajard released in June indicates that air and solar energy on utility-prime has been the lowest cost way to generate electricity for the last decade, even without government subsidy.
The cost of intermittent renewable energy storage is also rapidly decreasing, Lajard says, while the cost of construction of a new joint-cycle gas has reached a 10-year high. For those who complain that the sun and wind are stopping, Clean energy advocates say This renewable energy is more reliable than fossil fuels “because it will always be and its electricity (may be) is generated locally.” It will always be cheap, also, because sunlight and air are independent and do not require expensive pollution mitigation like carbon capture.
Pawan and solar energy shares another important advantage: they are the fastest way of adding generating capacity to the American electric system as it struggles not only to meet data centers, but also to meet the rapid growing demand of electric vehicles and cooling systems as buildings are compatible with heatwaves.
Last February, before Trump’s monopoly, the US Energy Information Administration expected that 93 percent This year, the electric-generating capacity added to the US will be with Pawan and Solar Systems with battery storage. However, “Big Beautiful Bill” replaces America’s energy landscape by bowing to markets in favor of fossil fuel.
Rhodium Group calculates that American industry will spend the same Energy $ 11 billion more per year Due to the bill in 2035, the cost that consumers are likely to be passed. Meanwhile, greenhouse gas emissions are expected to be 44 percent higher under the policies of biden.
Now, New York Times report The “federal agencies have recently issued a barrage of sanctions that can prevent the construction of solar and wind farms on public and private land.” Because fossil fuel combustion is mainly responsible for climate change, Trump has disappeared climate science and disaster reports from the federal government.
Is internal department gathering information On the death of the bird due to turbines, it is apparently preparing to clip the wings of wind energy. It is paying special attention to the eagles. An objective study will indicate that Fossil fuels kill eagles With toxic pollution, infrastructure collisions, loss of habitat and climate change. Past study It is estimated that fossil fuels are responsible for 26 to 38 times more bird deaths than solar and wind farms, not counting climate effects.
Fossil fuels also kill people. Their pollution and climatic effects estimate 350,000 premature death Every year in America and More than 8 million Worldwide. Some scientists believe that the federal government should declare climate change Public health emergency,
Prior to Trump’s intervention in energy markets, clean energy was on a roll. In April, Renewable energy provided more power than fossil fuels For the first time in American history. However, fossil fuels still provide More than 80 percent Country’s total energy consumption.
The US anti-trust laws are designed to promote and maintain proper competition in the market. They are meant to prevent anti-competitive practices that can harm consumers and prevent innovation. Trump has a different purpose. Their policies send the message that fossil fuels can no longer compete in the economy without rigging energy markets without the United States President.
William S Baker A former US Energy Department is the Central Regional Director who conducted programs of energy efficiency and renewable energy technologies. He also served as a special assistant to the Assistant Secretary of the Department of Energy Efficiency and Renewable Energy. Baker’s Executive Director President climate action project,
