Trump's Green-Bashing, Europe's Right Put Climate Goals at Risk - Bloomberg
Trump's Green-Bashing, Europe's Right Put Climate Goals at Risk - Bloomberg
Illustration by Christian Blaza
Why Politicians Are Stoking a Climate Backlash That Threatens Green Goals
Climate policy has become a political flash point in the US and Europe, risking to slow down the energy transition when it needs to speed up.
Politicians are vowing to roll back green policies and downplaying climate change ahead of key elections on both sides of the Atlantic, casting doubt on whether countries can maintain momentum in the transition away from fossil fuels.
In the US, former President Donald Trump, who has a long record of climate denial, is the frontrunner to challenge President Joe Biden in November. On the campaign trail, Trump has minimized the effects of climate change, attacked electric vehicles and pledged to repeal Biden’s signature climate law.
Related Knowledge Center: Climate legislation
The federal government and states are in the process of implementing two laws — the Infrastructure Investment and Jobs Act and the Inflation Reduction Act — an investment of more than a trillion dollars to address climate change.