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How the presidential candidates’ energy policies would impact Houston

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Written by Joe Martin

Click HERE to Read the Article by the Publisher.


There’s just over two months until the election for the next president of the United States, and both former Secretary of State Hillary Clinton and business mogul Donald Trump have released strong energy policies that would impact the local business economy.

“Donald Trump’s energy and tax regulatory provisions are dramatically better for our growth in the short and long term,” Brady told the HBJ. “… I don’t know how anyone whose job or business is tied to traditional energy could back (Clinton) as the nominee. You’re kissing your own job and future away.”

Both Clinton and Trump have outlined their energy policies in various interviews and on their websites, however, the HBJ has outlined each major candidate’s policies below.

• Hillary Clinton is strong on climate change, arguing for environmental policies that would increase standards for cars, trucks and appliances. Clinton has said she’ll set a goal of 500 million solar panels in the U.S. by the end of her first term as president. Additionally, she has argued for a push toward other renewable energy that would make the U.S. the world’s “clean energy superpower.”

But she’s not all renewable energy. Clinton recognizes the need to update the country’s existing natural gas and oil pipelines. Sec. Clinton plans to push for a switch from coal to natural gas in the power grid, while using incentives to increase natural gas usage in buses, trains and ships, according to her website.

• Donald Trump’s energy plan aims to redevelop the coal industry, among other things, according to his website. Additionally, he specifically, has asked for a renewal of the TransCanada Corp.’s (NYSE: TRP) application for the Keystone Pipeline, something local energy execs have had keen interest in getting approved in the past.

He is also an advocate for energy plurality, arguing for more energy choices that would both reduce carbon emissions and increase U.S. energy production, according to his website. He’s also indicated plans to approve drilling in the Outer Continental Shelf, an end to the Paris Climate Agreement and the removal of various energy restrictions meant to increase economic energy production.


Tags: oil, natural gas, energy


Written by Joe Martin

Click HERE to Read the Article by the Publisher.

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