Business and Finance Business and Finance
Sat, February 8, 2025
[ Sat, Feb 08th ] - MSN
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[ Sat, Feb 08th ] - Time
What Whiplash U.S. Climate Policy Means for Business

What Whiplash U.S. Climate Policy Means for Business


Published on 2025-02-08 00:40:49 - Time
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  • In his first weeks in office, President Donald Trump has sought to take a wrecking ball to climate and environmental policy. He has directed his administration to roll back a wide range of regulations and aims to undercut the agencies that enforce them by targeting staff.

The article from Time magazine discusses the potential impact of Donald Trump's possible return to the presidency on climate policy and business. Trump, known for his skepticism towards climate change, has promised to undo many of President Joe Biden's environmental regulations, including rejoining the Paris Agreement and promoting electric vehicles. His previous term saw the U.S. withdrawal from the Paris Climate Accord and the rollback of numerous environmental protections. Business leaders are now preparing for a potential policy whiplash, where they might need to adapt to a sudden shift back to less stringent environmental regulations. This uncertainty could affect investments in green technology, with companies like Ford and GM already scaling back EV production plans due to market and policy uncertainties. The article highlights the tension between short-term economic gains from deregulation and the long-term global push towards sustainability, with some businesses advocating for consistent climate policy to plan effectively for the future.

Read the Full Time Article at:
[ https://time.com/7213928/whiplash-climate-policy-trump-business/ ]
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