Commodities and Futures News

U.S. governors pledge to press ahead on climate after Trump win

2024.11.08 16:11

By Timothy Gardner

WASHINGTON (Reuters) – Democratic governors of two U.S. states pledged on Friday to keep building programs on renewable energy and curbing climate change after President-elect Donald Trump’s victory this week.

WHY IT’S IMPORTANT

The comments are a first indication that the Democratic governors are planning to push ahead and fight on climate change.

Trump, a Republican, has said he may repeal subsidies for electric vehicles, a core provision of President Joe Biden’s signature climate law, the Inflation Reduction Act. The IRA contains billions of dollars in subsidies for clean energy, including for wind and solar energy, and batteries. It is unclear whether Trump would also aim to target those.

KEY QUOTES

“We are going to move forward in the United States, state by state, county by county, city by city, in continuing our tremendous dynamic growth of our clean energy economy,” Governor Jay Inslee of Washington state told reporters.

Inslee is a founding member of the U.S. Climate Alliance, a bipartisan coalition of 24 governors of states and U.S. territories, which it says represents 57% of the U.S. economy.

Governor Michelle Lujan Grisham of New Mexico said governors have a responsibility to a remind people in the United States and around the world that they act as “subnationals, irrespective of what the agenda is by the leadership in the White House.” Her state is a big oil producer, but also produces large amounts of wind, geothermal and solar power.

BY THE NUMBERS

© Reuters. FILE PHOTO: Washington Governor Jay Inslee looks out the window of a Washington State Patrol plane while traveling across the state, U.S., September 18, 2024. REUTERS/Matt Mills McKnight/File Photo

Washington state voters easily defeated an attempt to ax the state’s carbon market, which has raised more than $2 billion for programs including innovative public transit, protection from wildfires, and salmon conservation since its 2023 launch.

“This is going to serve, I believe, as a further inspiration to the legislators and governors across the United States to continue unabated our effort reining climate emissions and build our economy,” Inslee said.



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 98,622.42 0.14%
ethereum
Ethereum (ETH) $ 3,449.67 3.22%
tether
Tether (USDT) $ 1.00 0.14%
solana
Solana (SOL) $ 259.07 1.01%
bnb
BNB (BNB) $ 662.57 2.60%
xrp
XRP (XRP) $ 1.49 5.81%
dogecoin
Dogecoin (DOGE) $ 0.450646 10.55%
usd-coin
USDC (USDC) $ 1.00 0.10%
cardano
Cardano (ADA) $ 1.08 2.12%
staked-ether
Lido Staked Ether (STETH) $ 3,449.65 3.27%
tron
TRON (TRX) $ 0.215106 3.17%
avalanche-2
Avalanche (AVAX) $ 42.66 3.60%
the-open-network
Toncoin (TON) $ 6.49 16.77%
shiba-inu
Shiba Inu (SHIB) $ 0.000027 8.23%
stellar
Stellar (XLM) $ 0.536392 20.16%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,067.83 2.63%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 98,165.30 0.24%
polkadot
Polkadot (DOT) $ 9.36 31.84%
chainlink
Chainlink (LINK) $ 17.97 6.01%
bitcoin-cash
Bitcoin Cash (BCH) $ 519.70 5.67%
sui
Sui (SUI) $ 3.55 0.08%
weth
WETH (WETH) $ 3,451.06 3.15%
pepe
Pepe (PEPE) $ 0.000021 4.96%
leo-token
LEO Token (LEO) $ 8.63 1.58%
near
NEAR Protocol (NEAR) $ 6.50 3.65%
litecoin
Litecoin (LTC) $ 101.41 0.20%
aptos
Aptos (APT) $ 13.28 4.81%
uniswap
Uniswap (UNI) $ 10.99 7.31%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,628.04 2.99%
hedera-hashgraph
Hedera (HBAR) $ 0.154574 6.50%
internet-computer
Internet Computer (ICP) $ 11.76 3.42%
crypto-com-chain
Cronos (CRO) $ 0.201332 6.18%
usds
USDS (USDS) $ 1.00 1.02%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.588878 11.71%
ethereum-classic
Ethereum Classic (ETC) $ 30.31 1.84%
render-token
Render (RENDER) $ 8.02 3.59%
bittensor
Bittensor (TAO) $ 537.32 1.41%
kaspa
Kaspa (KAS) $ 0.156145 0.33%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.49 12.36%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.09%
bonk
Bonk (BONK) $ 0.000049 1.81%
arbitrum
Arbitrum (ARB) $ 0.887416 6.54%
whitebit
WhiteBIT Coin (WBT) $ 24.83 0.85%
vechain
VeChain (VET) $ 0.043663 12.50%
dai
Dai (DAI) $ 1.00 0.13%
cosmos
Cosmos Hub (ATOM) $ 8.92 11.68%
filecoin
Filecoin (FIL) $ 5.69 12.75%
dogwifcoin
dogwifhat (WIF) $ 3.39 5.47%
mantra-dao
MANTRA (OM) $ 3.72 3.34%
blockstack
Stacks (STX) $ 2.12 3.08%