Former U.S. President Donald Trump has claimed that America’s policy to expand renewable energy can help China become richer.
Analysts predict that pausing the Biden administration’s renewable energy policies could benefit Beijing as any such step would jeopardize hundreds of billions of dollars already invested in the sector. Trump now asserts that he would remove new climate rules that speed up the country’s transition to EVs. He is also pushing a “drill, baby, drill” agenda, a move to open more public lands for oil and gas exploration.Meanwhile, conservative activists, including former Trump administration officials, have formed an ambitious presidential transition operation called Project 2025.