President Donald Trump’s new energy policy would cut the nation’s carbon emissions by at least 25 percent, according to a report from a prominent think tank.
But it would only do so if it was accompanied by other policies that would significantly reduce greenhouse gas emissions.
And that’s what a Trump administration would have to do, according a report by the Competitive Enterprise Institute, which was commissioned by the nonprofit organization to study the impacts of the president’s climate agenda.
The report found that the president has committed to slashing CO2 emissions by between 2 and 3 percent, and would reduce energy use by 2 percent of GDP.
But the report also found that a Trump presidency would also have a dramatic impact on the amount of carbon dioxide emissions in the atmosphere.
“The Clean Power Plan, which is the centerpiece of President Trump’s energy plan, will cut the country’s emissions by as much as 26 percent.
The President would only cut the carbon pollution from power plants by 2.3 percent,” the report reads.
“This would leave us with a total of 21 percent more carbon pollution than is emitted by fossil fuel combustion.”
The Competitive Enterprise study said that a plan that reduces emissions by 26 percent and eliminates the Clean Power plan would “significantly reduce the country and its energy mix.”
The report also said that reducing CO2 by 26% and eliminating the Clean power plan would also save the US government between $2.7 trillion and $5.2 trillion in energy costs over the next decade.
The Competitive Economic Research Foundation, a nonpartisan think tank, said in its analysis that Trump’s policies would significantly increase the US national debt and damage the country economically.
The group also said the policies would have “little to no positive economic impact,” adding that the plan would only be effective if implemented by 2020.
The Republican president has promised to withdraw the US from the Paris Climate Agreement, which aims to combat climate change, if he’s elected in November.
Trump said he would withdraw the United States from the deal if elected.
He said during the 2016 presidential campaign that he wanted to renegotiate the Paris climate agreement with China and Mexico.
But his administration has not made that commitment.