Trump’s Latest Move Will Hike Up Energy Costs
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Washington, D.C. — Today, Donald Trump announced that he will gut energy efficiency standards – implementing yet another facet of Project 2025 and directly raising costs for Americans. In response to his announcement, Climate Power communications director Alex Glass issued the following statement:
“The 2024 election was a mandate for lower costs – but Donald Trump has spent his first few weeks in office hiking prices for American families. Donald Trump is pulling these policies directly from his widely unpopular Project 2025 playbook. Now that he’s in office, he’s sending Americans a clear message: Trump is done pretending to care about working families and will continue to push an agenda that will hike up your costs to benefit billionaires.”
- Trump blocked appliance efficiency standards during his first term – a move that could have increased costs by an estimated $14 billion a year.
- Now, Trump announced he would gut improved efficiency standards that would have saved Americans $1.6 billion a year on their energy bills.
- Project 2025 called for the elimination of these standards, a longtime priority of a contributor of its energy section who works at a group backed by Big Oil.
- In just a few weeks, Trump has repeatedly taken steps that threaten to raise costs for Americans and repeatedly pursued major facets of Project 2025.
- 66% of Americans say that Trump isn’t doing enough to reduce prices.