What’s next for energy after the US elections?
The Energy Gang
Wood Mackenzie
4.6 • 1.3K Ratings
🗓️ 11 November 2024
⏱️ 79 minutes
🧾️ Download transcript
Summary
President Trump plans a sharp change of direction
The US elections last week are set to transform the energy landscape, with the Republicans now in control of the presidency, the Senate, and likely the House of Representatives. They intend to set a new direction for energy policy, emphasising affordability and reliability over sustainability and climate. In this special episode of The Energy Gang, we explore what this shift means for the American energy sector and the potential implications for both domestic and global markets.
Host Ed Crooks is joined Amy Myers Jaffe, Director of the Energy, Climate Justice and Sustainability Lab at New York University; Robbie Orvis, Senior Director at the think-tank Energy Innovation, and a new voice on the show: Ray Long, President and CEO of the American Council on Renewable Energy (ACORE). Their discussion gives a preview of what we can expect over the next four years. They debate how a new set of priorities in Washington will affect low-carbon energy sectors including wind, solar and storage, as well as carbon capture, hydrogen, and nuclear energy.
What will happen to the Inflation Reduction Act’s tax credits, which are crucial to the outlook for renewables? How will national security policy and the rise of artificial intelligence shape the new administration’s thinking. What is the outlook for the US vehicle industry as Chinese EV sales boom? And how could President-elect Trump’s tariff plans affect all energy sectors, both low-carbon and high-carbon?
Tune in for answers to all these questions, and to gain a comprehensive understanding of the evolving energy policy landscape. As negotiators gather for the COP29 UN climate talks in Baku this week, the future of the US under a new administration is going to be top of mind for everyone.
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Transcript
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| 0:00.0 | Looking to understand the economics, technologies, policies and communities shaping our energy future? |
| 0:07.0 | Check out a new podcast series, Energize the Future of Energy, from G0 Media's Blue Circle Studio, co-hosted by JJ Ramberg and Greg Ebel, CEO of Enbridge. |
| 0:16.0 | They explore the energy transition by digging into the biggest challenges of AI, food waste, community impact and policy, |
| 0:22.7 | with experts like Pulitzer Winner Daniel Yeager, Microsoft's Ulrich Homan, and Impact Technologies Ryan Begin from Divert. |
| 0:29.3 | Listen on Apple, Spotify, or wherever you get your podcasts. |
| 0:31.8 | Or visit g0media.com slash energy gang to learn more. |
| 0:57.7 | Hello and welcome to The Energy Gang, a discussion show from Wood McKenzie about the fast-changing world of energy. I'm Ed Crooks, and today we have a post-election special for you. The results |
| 1:03.5 | are in. We thought when we were planning this podcast, we recording today on November the 7th, |
| 1:10.2 | we were worried that will we actually have a result? |
| 1:12.7 | Will we have some clear facts to talk about? |
| 1:15.3 | We thought the whole process might be dragging on counts and recounts and legal challenges, etc., etc. |
| 1:20.5 | But we haven't needed any of that. |
| 1:22.5 | Donald Trump and the Republicans have won an emphatic victory. |
| 1:26.1 | They've got control of the presidency and the Senate. |
| 1:28.4 | It looks very likely they'll have control of the House of Representatives as well, |
| 1:31.7 | what they call a Republican trifecta, |
| 1:33.7 | and they clearly have a mandate to implement a very different vision of energy |
| 1:37.1 | from the one we've seen under the Democrats. |
| 1:39.7 | Now, to discuss what that means for energy in the US and around the world, |
| 1:42.5 | we have a great lineup of our elite rapid response team of energy policy experts. It's a pleasure as ever to welcome |
| 1:47.9 | our good friend Amy Myers-Jaffey. Amy is the director of the Energy, Climate Justice and Sustainability |
| 1:52.8 | Lab at NYU. Hi, Amy. How are you? I'm good, Ed, and looking forward to discussing the changed |
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