The Candidates’ Contrasting Energy Policies

The 2024 U.S. election will have a significant impact on the country’s energy market, with two leading candidates, Kamala Harris and Donald Trump, offering contrasting policies. Harris is expected to continue pushing for a transition to renewable energy, supported by the Inflation Reduction Act (IRA). Meanwhile, Trump would likely focus on expanding fossil fuel production and lowering energy costs through domestic drilling and reduced regulations.

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Renewable Energy vs. Fossil Fuels

If Harris wins, her administration will likely prioritize investments in solar, wind, and other green technologies. This would align with the U.S.’s long-term goal of reducing carbon emissions. However, if Trump is elected, his policies would likely boost oil and gas production, focusing on energy independence and reviving traditional energy sectors.

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Global Energy and Geopolitics

On the global stage, the U.S.’s energy policy will also shift depending on the election results. A Harris administration would likely maintain a focus on global climate efforts, while a Trump administration may take a more isolationist approach, impacting international energy agreements and trade.

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