How the 2024 US Presidential Election Will Impact Global Climate Policy
2024 US Presidential Election climate policy
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The 2024 US presidential election will significantly impact global climate policy. Explore how different candidates’ positions on climate change will affect international agreements, renewable energy goals, and more.
The Stakes for Global Climate Policy in the 2024 Election
The 2024 US Presidential Election could determine the direction of global climate policy for years to come. With the US being one of the world’s largest emitters of greenhouse gases, the outcome of this election holds critical implications for global climate action. Whether the US returns to the Paris Climate Agreement with renewed urgency, accelerates green energy transitions, or shifts focus away from climate action will reverberate across the globe. In this article, we will explore the key candidates’ positions on climate change, the potential outcomes of their policies, and how these could affect global climate negotiations. From strengthening international agreements to investing in clean energy innovation, the 2024 US election will impact climate-related policies worldwide. Let’s take a deep dive into the issues at stake.
Their Climate Policies in 2024
1) Joe Biden (Democratic Party)
Current President Joe Biden’s administration has already implemented significant climate initiatives, including the American Rescue Plan and Bipartisan Infrastructure Bill, both of which include investments in clean energy infrastructure, electric vehicles, and green jobs. Biden has committed to net-zero emissions by 2050 and 100% clean energy by 2035, while rejoining the Paris Agreement on his first day in office. In the 2024 election, Biden is likely to emphasize the progress made under his leadership and advocate for stronger climate regulations and emissions reductions. His position aligns with global climate goals, making him a proponent of continued US involvement in multilateral climate agreements like the United Nations Framework Convention on Climate Change (UNFCCC) and COP summits. His focus on green energy investments would likely result in increased international cooperation on the green economy, advancing goals for carbon neutrality and renewable energy adoption globally.
2) Donald Trump (Republican Party)
Donald Trump, former President, has voiced skepticism about the economic impact of strict climate regulations, favoring policies that prioritize fossil fuels over renewable energy. During his first term, he withdrew the US from the Paris Agreement and rolled back numerous environmental regulations on oil and gas industries. Should Trump win a second term, he may push for less stringent climate policies, advocating for economic recovery through oil drilling, coal mining, and gas production, while reducing regulations on energy-intensive industries. A Trump administration in 2024 could result in the US stepping back from international climate agreements again, potentially weakening multilateral efforts to tackle climate change. However, green energy companies in the US may still thrive due to market dynamics driven by consumer demand for clean technologies, even if the government does not prioritize them.
3) Other Candidates (Independent & Third Parties)
Candidates from third parties, such as the Green Party, will almost certainly advocate for aggressive climate action. They are likely to push for carbon pricing, fossil fuel phase-outs, and significant international climate diplomacy. Although these candidates may not have a realistic path to the presidency, their influence on the political discourse around climate change could shape future US policies on climate and force mainstream candidates to adopt more ambitious positions.
What’s at Stake for Global Climate Policy?
1) Rejoining and Strengthening the Paris Agreement
One of the key aspects of the 2024 US election will be whether the US continues its commitment to the Paris Climate Agreement. If Joe Biden is re-elected, we can expect continued efforts to meet and exceed US emissions reduction targets, while pushing other nations to do the same. Biden’s administration will likely advocate for climate diplomacy and enhanced cooperation between developed and developing countries. On the other hand, Trump’s re-election could lead to the US retreating from multilateral climate efforts again, reducing its global influence in the fight against climate change. A lack of commitment from the US may have ripple effects across the world, weakening the push for binding agreements and delaying global action.
2) Renewable Energy Innovation and Investment
The future of clean energy innovation is another critical area impacted by the 2024 election. Under Biden’s leadership, we are likely to see further investments in solar, wind, and electric vehicle technologies, accelerating the transition to a green economy. Biden’s policies aim to create millions of green jobs and establish the US as a leader in clean energy. Global markets will respond to increased demand for renewable technologies, benefiting countries that lead in solar panel production, electric vehicle manufacturing, and green infrastructure development. Trump’s presidency, in contrast, may slow the global push for renewable energy by promoting the fossil fuel industry, potentially undermining investment in clean energy technologies worldwide. Countries heavily dependent on fossil fuel exports could see a temporary economic boost, but the long-term effects of climate change could still outpace these short-term gains.
3) International Climate Cooperation
Global climate cooperation has been a hallmark of the Biden administration, and with a second term, the US could continue to drive initiatives like the Green Climate Fund, carbon markets, and climate finance for developing nations. These policies ensure that wealthy nations contribute to climate adaptation and mitigation in countries most affected by climate change. Trump’s approach, however, may be less cooperative, emphasizing national interests over collective climate goals. This could undermine international efforts to reduce carbon emissions, particularly in countries that rely on US support for climate adaptation projects.
Global Reactions to the US 2024 Election and Climate Impact
Global leaders, climate organizations, and activists will closely watch the 2024 US presidential election. For instance, UN Secretary-General António Guterres has urged world leaders to take immediate action on climate change, while advocating for climate justice in the face of growing natural disasters. The European Union, which has made substantial strides toward carbon neutrality, will likely keep a close eye on US actions as they align their own climate policies with global commitments.
Activists and the Role of Youth Movements
Activists, particularly the youth climate movement, will continue to hold US leaders accountable. Greta Thunberg, who has led protests around the world, has urged global leaders to adopt ambitious climate targets, irrespective of political shifts in countries like the US. Thunberg’s Fridays for Future movement, along with other youth-led initiatives, will push for more ambitious global climate action regardless of the US administration’s stance.
According to BBC News, global leaders are closely monitoring the 2024 US presidential election as it will shape future climate action plans globally.
In a The Guardian article, experts agree that the outcome of the 2024 US presidential election will play a significant role in shaping the next decade of global climate policy.
Reuters highlighted that climate change is one of the central issues in the 2024 US election, with candidates offering starkly different approaches to emissions reduction” (Reuters).
The UNFCCC emphasizes that global climate action hinges on the commitment of major emitting countries, including the United States, to meet agreed-upon climate targets.
The Paris Agreement aims for global net-zero emissions by 2050, and the outcome of the 2024 US election will determine whether the US continues to lead in upholding this crucial accord” (Paris Agreement).
During COP26 and COP27, the US was a key player in advocating for stronger climate action. However, the policies introduced in the 2024 US election could drastically shift the momentum” (COP26 Outcomes, COP27 Key Agreements).
The UN Climate Change organization emphasizes the urgency of global climate action in light of the upcoming 2024 election. Stay updated on their initiatives by following them on Twitter.
Greenpeace has been pushing for stronger climate policies from world leaders, including the US. Their latest campaign updates can be followed on Facebook.
As the world transitions to renewable energy, the US’s climate policies will either support or hinder these technologies. For insights on green technology developments, read this climate tech blog.
The World’s Future Hinges on This Election
The 2024 US Presidential Election will have a profound impact on global climate policy. Whether the US continues to lead the charge on climate action or retracts its commitments will shape international cooperation, green energy investments, and global climate agreements for the coming decade. With the world watching closely, the outcome of this election will ultimately determine how the US contributes to addressing one of humanity’s greatest challenges: climate change.
As global citizens, we all must stay informed and engaged. The stakes are high, and the outcome of the 2024 election will affect the future of the planet for generations to come.
Sources:
- BBC News: US Presidential Election and Climate Policy
- Reuters: Impact of US Elections on Global Climate Policy
- UNFCCC: International Climate Agreements and the US Role
- The Guardian: Global Reactions to the 2024 US Election