The Direction of the U.S. Energy Transition Could Change After the Election

International Trade attorney Francisco Sánchez and Senior Policy Advisor Beth Viola were quoted in a Bloomberg Línea article discussing the potential energy policies of Donald Trump and Kamala Harris following the U.S. presidential elections. Ms. Viola highlighted fundamental differences between the candidates, pointing out Harris' focus on developing clean technology to reduce emissions and Trump's stated intent to roll back various energy and environmental regulations. Mr. Sánchez suggested that another Trump Administration could see an intensified effort to fund infrastructure, energy and technology projects in Latin America to counteract Chinese influence.

"[With Harris] there will be a continued emphasis on deploying new low-carbon energy technologies such as wind, solar and significant energy storage," Ms. Viola said. "In contrast, Trump would work to repeal Joe Biden's environmental regulations on methane, the social cost of carbon and the endangered species law, which he deems too burdensome for the oil and gas industry."

"In the event of a second Trump term, this approach could intensify with greater investment in infrastructure, energy and technology projects in the region, especially those aimed at reducing dependence on Chinese investment," Mr. Sánchez said.

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