The Trump Administration’s approach to energy, climate change and environmental policy shows a marked departure from the path put forward by the previous administration. On this edition of the Columbia Energy Exchange, host Jason Bordoff sat down in Washington to discuss the outlook for federal energy and environmental policy with Michael Catanzaro, the former Special Assistant to President Trump for Domestic Energy and Environmental Policy at the National Economic Council. He is now a Partner at CGCN Group, an issue advocacy and lobbying firm in Washington, D.C.
Jason and Michael discuss the current and future policy outlook and the potential impact of the recent U.S. midterm election, in which the Democrats took over the majority in the House of Representatives. Michael and Jason also discuss the Trump administration’s policy priorities, approach to climate change, whether opportunities exist for bipartisan cooperation, and the changing impact of falling oil prices on the U.S. economy as the nation has become a net energy exporter.
Michael also shared his thoughts on the respective roles of states and federal government in shaping energy and environmental policy, the future of the electricity grid and the implications of renewables on other power generation sources.
It has now been just over a year since the US signed into law the Inflation Reduction Act and already, it has been followed by more than US $110 billion in clean energy investments.
Rising debt levels and the ravages wrought by climate change present acute threats to achieving sustainable development goals in emerging market and developing economies.
As the world races to transition to cleaner energy sources, there exists a substantial gap between the financing required for this transition and the actual investments being made.