Trump’s Policies Unintentionally Boost Green New Deal and Clean Energy

President Trump ridicules climate projects, but his actions, like the Iran war, inadvertently boost green initiatives.
Donald Trump speaks to members of the media before boarding Marine One in Washington, DC, on October 9, 2018.

Unintended Consequences: How Trump’s Policies Are Boosting Green Energy

President Donald Trump’s vocal skepticism of climate science and initiatives aimed at addressing climate change might be well-documented, but his policies are inadvertently fueling the very green energy transformation he disparages. In a speech to the United Nations General Assembly, Trump labeled climate change as “the greatest con job ever perpetrated on the world.” Despite his dismissive stance, some of his strategic priorities are ironically supporting the growth of sustainable energy solutions.

One such example is the effect of Trump’s foreign policy decisions, particularly the conflict with Iran, which has led to soaring oil prices. This, in turn, has sparked a surge in electric vehicle (EV) interest and sales across Europe and the United States, as reported by a Financial Times article. The spike in oil prices has also resulted in a record number of solar panel installations in the United Kingdom since 2012.

While Trump continues to criticize Green New Deal policies as detrimental to jobs, the transition to clean energy remains vital. Fossil fuels are the leading source of carbon dioxide emissions, a primary driver of climate change. Transitioning to renewable energy is crucial, though it will inevitably result in job losses within the coal, oil, and natural gas sectors.

However, the investments required for developing new clean energy infrastructure are expected to create significantly more jobs than those lost. A comprehensive Green New Deal should include support for workers transitioning from the fossil fuel industry. Studies by the Political Economy Research Institute propose programs for individual U.S. states to achieve net-zero CO2 emissions by 2050, with the latest research focusing on Michigan.

The Michigan study highlights key findings, such as the need for investments in renewable energy and energy efficiency, equating to about 2% of the state’s GDP annually through 2050. This level of investment, amounting to approximately $15 billion in 2027, is projected to generate between 85,000 and 100,000 jobs per year. These roles span various sectors, offering opportunities even for those without higher education credentials.

Despite the positive outlook for job creation, disparities remain. In the clean energy sector, women account for only 27% of jobs compared to 48% in Michigan’s overall economy. Expanded investments could help address these equity issues, offering leverage to workers and unions to advocate for improved wages and benefits.

While the transition will lead to job losses for approximately 21,000 workers in Michigan’s fossil fuel industries, job creation in the clean energy sector will far exceed these losses. Assuming a steady transition period between 2026 and 2050, only about 350 workers may face layoffs annually, compared to the creation of an estimated 85,000 jobs. A generous transitional support package, estimated at $45 million per year, would mitigate the impact on displaced workers.

Ultimately, as large-scale clean energy initiatives advance, the Green New Deal continues to make significant progress globally, independent of Trump’s rhetoric. This transformation underscores the potential for policy actions to yield unintended yet beneficial consequences for the climate and job market.

Original Story at jacobin.com