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Trump Victory and the Future of the IRA

November 6, 2024

Donald Trump will be the next President of the United States of America, and the Republicans have taken control of the Senate. In this piece, we assess the implications for sustainable energy, and energy more broadly, considering his recent pre-election rhetoric and the potential actions of his senators. We conclude that, with respect to the Inflation Reduction Act, Trump will struggle to make significant reforms. We see his executive powers allowing him to promote fossil fuels more so than significantly slow the growth of a lower carbon energy system.

Click here to download the complete bulletin:  “Trump Victory and the Future of the IRA”