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Posted: 2024-08-14T18:25:10Z | Updated: 2024-08-14T18:29:58Z

Project 2025 the plan that Republican operatives have drafted as a policy blueprint for a second Trump administration would raise Americans household energy spending by billions of dollars per year, all while increasing planet-heating emissions by billions of tons and costing the U.S. economy millions of jobs, a new analysis has found.

Gutting federal policies meant to encourage a shift toward greener electricity and electric cars would increase U.S. household spending on fuel and utilities by about $240 a year by 2030, jacking up nationwide costs by a combined $32 billion per year compared to the current trajectory.

By contrast, if the U.S. beefs up its existing climate policies enough to meet its 2030 pledge to halve its emissions, Americans will save $60 per year by the end of this decade. The savings are projected to grow over time: By 2050, U.S. household energy spending would decrease by $700 per year delivering cumulative nationwide savings of $110 billion per year.