We need targeted policies, not blunt tariffs, to drive “American energy dominance”
1 min read
Summary
The US Trump administration’s drive to reinforce “American energy dominance” through a profusion of executive orders on tariffs and rolling back clean energy policies is creating market chaos and dampening investment, according to Addison Killean Stark, CEO and co-founder of AtmosZero, writing in MIT Technology Review.
Stark highlights that the US is moving beyond the model of extracting and burning fossil fuels and the country’s ‘energy dominance’ will be achieved by becoming a manufacturing and innovation hub for energy technologies.
The author calls on the White House to refine and preserve federal investments in clean energy technologies made under the Bipartisan Infrastructure Law and the Inflation Reduction Act to expand the nation’s ability to produce advanced energy products to support exports, manufacturing and jobs.
Stark also urges the administration to implement trade policies that support cleantech companies to compete with rivals such as China that benefit from lower labour, land and environmental costs.