WaPo Editorial Board Blasts Trump's "Dangerous, Nonsensical Energy Plan"
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The Washington Post’s editorial board lambasted the energy proposals put forth by presumptive GOP presidential nominee Donald Trump as “illogical” and “dangerous,” adding that his vow to undue environmental protections will cause future generations to “suffer.”
After Trump gave a speech about energy issues at an oil conference last week, media figures quickly ripped apart his comments as “utter nonsense” demonstrating a “lack of basic knowledge” about the energy industry. Industry experts later questioned the feasibility of Trump’s energy-related pledges in The New York Times, in part by pointing out that his vow to restore coal jobs contradicts his pledge to expand the natural gas industry, which according to Harvard economics professor Robert N. Stavins “would actually have the effect of lowering demand for coal, causing more mines to close.”
The Post added to the criticism by pointing out that Trump’s promise to achieve energy independence is misguided because the “best way to insulate the country from oil price volatility would be to make the economy less dependent on oil, but Mr. Trump has no interest in doing so.” The Post also argued that Trump’s pledge to kill the U.S.’s major climate policy and “cancel” the Paris climate agreement would be a “massive blow to the global fight against climate change,” concluding that if he succeeds, “[f]uture generations will suffer.”
From the May 29 editorial:
Last week’s Wall Street Journal/NBC News poll shows that voters think Donald Trump would handle the economy better than would Hillary Clinton. But from his destructive tax proposals to the illogical energy plan he detailed on Thursday, there is little basis for that belief.
Setting “energy independence” as an overriding policy goal is a policy mistake of long standing in Washington. In fact it is far less risky to participate in the global market than to erect barriers to energy imports or ban them entirely. If you rely only on yourself for your oil, you put all of your eggs in one supply basket. Disruptions due to a natural disaster or anything else that would be relatively localized in a global oil market would cause major volatility in a closed domestic one. The best way to insulate the country from oil price volatility would be to make the economy less dependent on oil, but Mr. Trump has no interest in doing so.
Mr. Trump’s error reflects a deeper contradiction in his thinking. He praises the unencumbered free market, insisting that, “the government should not pick winners and losers” and that he would “remove obstacles” in the way of private enterprises. At the same time, he promises energy independence, a renaissance for the coal industry and other goals that would require government interference in the market. The decline of coal, for example, has occurred in large part because under the Obama administration natural gas drilling has boomed, lowering the price of gas and spurring utilities to move away from coal.
Mr. Trump’s plan is dangerous as well as incoherent. In his zeal to revoke environmental regulations, Mr. Trump promises to kill the Environmental Protection Agency’s carbon dioxide rules and pull the country out of the Paris climate agreement. He also promised “clean air and clean water,” but over the past half-century, it has been government regulation, sometimes market-based, that has helped clear up the nation’s air and water. Mr. Trump’s plan would lead to dirtier air and water — and to a massive blow to the global fight against climate change. With great care and difficulty, President Obama persuaded major polluting countries such as China to listen to scientists and move with the United States toward cuts in emissions.
Future generations will suffer if Mr. Trump succeeds in reversing that progress.