Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! The extent of the corruption that will be standard procedure in the next administration is now becoming clear. Elon Musk put $119 million of his own money into promoting the candidacy of Donald Trump. ... [continued]
Putting aside my “I am absolutely terrified for what will happen in the USA over the next 5 years” hat, I’m interested in seeing how the likely economic deregulation pans out over exports.
As a EU citizen, if I have a choice between:
Unsafe and unregulated EVs from the US
More trustworthy and regulated EVs from elsewhere
No way in hell would I purchase a USA backed EV. Similarly, if (big if here) countries ever get round to putting carbon taxes on goods, then the “drill baby drill” philosophy winds up putting huge tarriffs on american goods which are now made with extremely high emissions compared to elsewhere.
I guess we’ll see? Last time Trump was president, he started a full on trade war, but surprisingly the noticable impact in the EU was pretty minor, so I guess we’ll see?
Friendly reminder that putting businesses in charge of regulation doesn’t result in deregulation, it results in different regulation - removing what hurts them and adding what helps them (protectionism, barriers to entry to hurt small fry, etc).
Putting aside my “I am absolutely terrified for what will happen in the USA over the next 5 years” hat, I’m interested in seeing how the likely economic deregulation pans out over exports.
As a EU citizen, if I have a choice between:
No way in hell would I purchase a USA backed EV. Similarly, if (big if here) countries ever get round to putting carbon taxes on goods, then the “drill baby drill” philosophy winds up putting huge tarriffs on american goods which are now made with extremely high emissions compared to elsewhere.
I guess we’ll see? Last time Trump was president, he started a full on trade war, but surprisingly the noticable impact in the EU was pretty minor, so I guess we’ll see?
Friendly reminder that putting businesses in charge of regulation doesn’t result in deregulation, it results in different regulation - removing what hurts them and adding what helps them (protectionism, barriers to entry to hurt small fry, etc).
That’s such a good/interesting point!
I guess by deregulation, I’m thinking removal of the kind of consumer focused safety regulations that I’d be interested in if I was buying an EV.
Regulatory capture