The Market Signal Sent By Trump and Harris on Climate During the Debate

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The debate offered an opportunity to evaluate where climate policy under Trump or Harris, and, to an extent, the market may be going.

US Vice President Kamala Harris and former US President Donald Trump during the second presidential debater in Philadelphia on Sept. 10When President Biden entered the White House in 2021, before his administration had written any new regulations or signed landmark climate legislation into law, Ithat his presidency had already advanced efforts to address climate change simply by sending a signal to the marketplace that fossil fuels are not the future.

This year’s political cycle has offered little in the way of climate campaign promises or platforms. Indeed, some of the deepest discussion on climate and energy came during a few minutes in Tuesday’s presidential debate. While the discussion lacked details, it offered an interesting opportunity to evaluate where climate policy and, to a certain extent, the market may be going.

In this week’s debate, she offered little new on climate. Instead, she emphasized continuity, touting the Biden Administration’s—the most significant climate law in this country’s history—and calling for a continuation of investments in clean technology manufacturing. “We have invested in clean energy to the point that we are opening up factories around the world,” she said.

 

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