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Green subsidies will probably survive Mr Trump’s re-election, and Big Oil will probably do just fine under Ms Harris T he next president will inherit the most ambitious climate policies in American history. Under Joe Biden a trio of laws—the CHIPS and Science Act, the Bipartisan Infrastructure Law and especially the Inflation Reduction Act ( IRA )—have put in place a sweeping industrial policy that seeks to subsidise an ambitious decarbonisation of the economy. Left-wingers, who think the investments are not ambitious enough, hope that a President Kamala Harris will go further.
Conservatives are confident a re-elected President Donald Trump will tear it all down. Explore more Discover more The next American president will be a China hawk Donald Trump may seek to decouple America’s economy, while Kamala Harris favours more targeted pressure Will the next president follow Israel into war with Iran? Kamala Harris is likely to maintain Joe Biden’s awkward policy, while Donald Trump’s belligerent words mask a record of caution. Both candidates pledge to fortify America.
How big will they go? Hawks in Congress want to raise America’s defence budget dramatically, but the next president will decide The mysteries of Melania: Mrs Trump’s memoir Lessons from America’s once and possibly future First Lady America’s presidential election marks a fork in the road for Ukraine If Republicans take power, Kyiv will feel a chill: the latest of our policy briefs Could an “October surprise” upset America’s election? What last-minute developments might portend for the race.
