In this episode of Intersections, Bruce Jones and David Victor, co-chairs of the Cross-Brookings Initiative on Energy and Climate, examine the likely future of U.S. energy and climate policies under the Trump administration, the role of state-level actors and energy markets, and what happens if the U.S. walks away from the Paris agreement.
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And Victor speculates about where energy policy might be forward-looking: “One of the real wild cards is how much spending will take place for energy innovation. We could see a small budget administration, which cuts spending on innovation way back – that seems like the most likely outcome – but when we look at past Republican administrations, and the bipartisan support for energy innovation, it’s actually quite plausible that we’ll see an expansion of spending on innovation. I think there’s a huge amount of uncertainty in that part of the energy equation that [the Department of Energy] has a big impact on.”
With thanks to audio producer Gaston Reboredo, Vanessa Sauter, Fred Dews, and Richard Fawal.
Intersections is part of the Brookings Podcast Network.