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Changes in US Environmental Policy Under the Trump Administration: An Economic Perspective1.

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Title: Changes in US Environmental Policy Under the Trump Administration: An Economic Perspective1.
Authors: Kling, Catherine L.1 (AUTHOR) ckling@cornell.edu, Polasky, Stephen2 (AUTHOR), Segerson, Kathleen3 (AUTHOR)
Source: Environmental & Resource Economics. Sep2025, Vol. 88 Issue 9, p2291-2317. 27p.
Subject Terms: *Environmental policy, *Environmental economics, *Government policy on climate change, *Fossil fuels, *Public land management, *Cost benefit analysis, *Renewable energy sources, *Presidential administrations
Geographic Terms: United States
People: Trump, Donald, 1946-
Abstract: Since President Donald Trump took office for a second time in January 2025, his administration has initiated a flurry of actions to fundamentally alter environmental policy in the US. These actions include, among other things, climate change policy, renewable and fossil-fuel energy production, public land management, water and air pollution policy, and methods that must be used by federal agencies when performing economic analyses of environmental regulations.The Trump administration has promoted these changes by saying that they will improve the economy and increase government efficiency.In contrast to this rhetoric, these changes are likely to reduce rather than increase economic efficiency, as well as increase costs and reduce welfare for American citizens and people around the world. In this paper, we document and discuss the multiple ways in which the Trump administration's recent and proposed changes related to the environment violate foundational principles of environmental economics in ways that will likely lead to lower overall social welfare. [ABSTRACT FROM AUTHOR]
Database: Energy & Power Source
FullText Text:
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Header DbId: enr
DbLabel: Energy & Power Source
An: 187723314
AccessLevel: 6
PubType: Academic Journal
PubTypeId: academicJournal
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  Data: <searchLink fieldCode="JN" term="%22Environmental+%26+Resource+Economics%22">Environmental & Resource Economics</searchLink>. Sep2025, Vol. 88 Issue 9, p2291-2317. 27p.
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  Data: Since President Donald Trump took office for a second time in January 2025, his administration has initiated a flurry of actions to fundamentally alter environmental policy in the US. These actions include, among other things, climate change policy, renewable and fossil-fuel energy production, public land management, water and air pollution policy, and methods that must be used by federal agencies when performing economic analyses of environmental regulations.The Trump administration has promoted these changes by saying that they will improve the economy and increase government efficiency.In contrast to this rhetoric, these changes are likely to reduce rather than increase economic efficiency, as well as increase costs and reduce welfare for American citizens and people around the world. In this paper, we document and discuss the multiple ways in which the Trump administration's recent and proposed changes related to the environment violate foundational principles of environmental economics in ways that will likely lead to lower overall social welfare. [ABSTRACT FROM AUTHOR]
PLink https://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=enr&AN=187723314
RecordInfo BibRecord:
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    Identifiers:
      – Type: doi
        Value: 10.1007/s10640-025-01025-6
    Languages:
      – Code: eng
        Text: English
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      Pagination:
        PageCount: 27
        StartPage: 2291
    Subjects:
      – SubjectFull: Environmental policy
        Type: general
      – SubjectFull: Environmental economics
        Type: general
      – SubjectFull: Government policy on climate change
        Type: general
      – SubjectFull: Fossil fuels
        Type: general
      – SubjectFull: Public land management
        Type: general
      – SubjectFull: Cost benefit analysis
        Type: general
      – SubjectFull: Renewable energy sources
        Type: general
      – SubjectFull: Presidential administrations
        Type: general
      – SubjectFull: United States
        Type: general
      – SubjectFull: Trump, Donald, 1946-
        Type: general
    Titles:
      – TitleFull: Changes in US Environmental Policy Under the Trump Administration: An Economic Perspective1.
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          Name:
            NameFull: Kling, Catherine L.
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          Name:
            NameFull: Polasky, Stephen
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            NameFull: Segerson, Kathleen
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            – D: 01
              M: 09
              Text: Sep2025
              Type: published
              Y: 2025
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              Value: 88
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              Value: 9
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            – TitleFull: Environmental & Resource Economics
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