from Sputnik News:
Donald Trump’s looming return to the White House has market analysts and environmentalists preparing for a major rift with the current administration’s energy policy. Sputnik asked veteran financial analyst Tom Luongo to weigh in on what’s in store for US energy, and what impact the potential changes will have on the global economy and geopolitics.
Business media and market analysts are watching closely for any news on Donald Trump’s Department of Energy, Interior and Environmental Protection Agency picks after his promises on the campaign trail to fundamentally revamp US energy policy and move away from the Biden White House’s signature multi-trillion dollar ‘green’ agenda.
TRUTH LIVES on at https://sgtreport.tv/
“I’d end the electric mandate on cars day one. You should have electric, but you got to have gasoline. You gotta have everything. That’ll come off on day one,” Trump told Tucker Carlson in a down-to-the-wire pre-election event in Arizona last week.
“Germany tried to go all green, and they almost destroyed their country,” Trump said. “The problem with the electric cars – and I think they’re great in a smaller application – they don’t go far, they cost too much, and they’re going to be made in China. Three minor problems, okay?”
“But if you listen to this government, they want to make army tanks electric. Because they want to invade countries with their army tanks in a very friendly way from the pollution standpoint,” Trump said. “These people are crazy. No, they want trucks to be all-electric. The problem is they don’t go far…The truckers came in to see me. They say, ‘sir, they want us to go all-electric, and it’ll destroy the industry.’ Why? Because a truck is two-and-a-half times heavier if it’s run by a battery.”
