Watch: Morano on Varney on Fox: Trump ‘will be the most consequential energy presidency ever’ – ‘But we really need some kind of permanence in energy policy. We Ying Yang from Obama to Trump to Biden to Trump’

  

 

Brian Brenberg: Marc Morano joins me now. Marc, thanks for being here. So does this mean no more climate rules on home appliances? Tell me Yes.

Marc Morano: Yes for at least the next four years. What we really need is some kind of permanence. We go from Obama to Trump to Biden to Trump – Ying-Yang. On everything from your ceiling fans to your washer to your dryer to your gas stoves to your dishwasher, Trump is theoretically lifting all this. Now, I don’t know. There might be court cases. There could be other layers of regulation. And of course, your local government, your state and local governments, if you’re in places like San Francisco, California, Massachusetts, may have other layers. So it may not affect all Americans. This gets rid of the federal aspects of this.

But It will be so refreshing in an America under Donald Trump, from day one, to wake up every day and not have some unelected bureaucrat announce we’re coming after pizza ovens today. We’re coming after the ceiling fans today for all of these theoretical, imperceptible savings on energy, which aren’t actually real. You got to run things multiple times, dryers and dishwasher.

Brian Brenberg: It’s insane. All right, next one for you, Marc: the Trump administration has halted the funds from the Inflation Reduction Act so called, which goes towards climate change projects. So what I want to hear you say is the dream, the green dream, at least for now, is dead. Is that true?

Marc Morano: Well, absolutely, it’s it’s dead — again for the next four years. But the interesting thing is that the executive order was probably overly broad for Donald Trump’s party. I mean, this was a bill passed by Congress, a massive spending bill that they don’t even have enough bureaucrats in some California jurisdictions to spend the money. So you can’t just undo Congressional legislation with an executive order, but it’s the first step. We need Congress to repeal the Inflation Reduction Act, which, again, you know, as Ronald Reagan said, 1964 the nearest thing to eternal life on Earth is a government program. I’m afraid the Inflation Reduction Act could join Obamacare as being unrepealable because we have the farmers now lobbying to keep the IRA for the subsidies for carbon capture. They have Republican Congressmen signing letters wanting to keep it. You have all these goodies for both parties, it’s bipartisan. So Trump is going to face a tough challenge to overturn that. I’m already hearing it’s going to be ‘surgical repeal’, not total repeal. Even big oil, wants to keep it again for the subsidies.

Brian Brenberg:  Okay? So Trump’s got out to a fast start, really quickly, Marc, what’s the next thing you want to see from the Trump administration to unleash energy and get prices down?

Marc Morano: Donald Trump is unleashing energy with these executive orders, and with the Republican Congress set to start this agenda, it’s sending a signal to the marketplace that America is open for business. It’s so impressive that we now have a Canadian leader who wants to talk about reopening the Keystone Pipeline, which has been dormant for lo these many years. So this is an amazing thing. I think this will be the most consequential energy presidency ever. Trump has to get the UN Paris Agreement submitted as a treaty to the Senate, get the Senate to reject it, and then we can get out of the whole mess that George H W Bush got us into in 1992 with the Rio Earth Summit treaty. So Trump has more to do. He’s got to go much further than he did his first term to make permanence. That should be the motto — permanence. No more ying yang, but permanence.

Brian Brenberg: Marc Morano,  great to see you. Thanks for being here today.

Marc Morano: Thank you. Appreciate it.

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