Households will pay more for energy because of Trump's policy changes, think tank says
Energy Innovation projects an average $6,500 increase per household through 2040 as policy rollbacks raise demand for gas and gasoline, the think tank said.
- On Friday, nonpartisan think tank Energy Innovation released modeling showing federal policy changes since President Donald Trump returned to office will increase cumulative household energy costs by $6,500 through 2040.
- The report attributes rising costs to the "One Big Beautiful Bill" tax package and environmental rule rollbacks, with policies discouraging efficient vehicles driving higher demand for natural gas and gasoline.
- Households in Oregon, Mississippi, South Dakota, Virginia, and Wyoming face roughly $9,000 in additional costs, while states that voted for Trump in 2024 will pay an average of $7,000 more.
- White House spokeswoman Taylor Rogers defended fossil fuel prioritization on Wednesday, calling the think tank "irresponsible" and asserting Trump is reversing the "catastrophic damage" caused by clean energy policies.
- Projections indicate 37,000 premature deaths and $72 billion in additional healthcare costs by 2040, as senior director for modeling and analysis Robbie Orvis stated the outlook is worsening for states.
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Households will pay more for energy because of Trump’s policy changes, think tank says
Households in the contiguous United States will pay thousands of dollars more for energy through 2040 because of federal policy changes since President Donald Trump returned to office. That is according to modeling released Friday by a nonpartisan think tank. The Energy Innovation analysis found that households will pay an average of $6,500 more for energy, cumulatively through 2040. In five states, households will pay roughly $9,000 more: Orego…
Households will pay more for energy because of Trump’s policy changes, think tank says – WTOP News
Households in the contiguous United States will pay thousands of dollars more for energy through 2040 because of federal policy changes since President Donald Trump returned to office, according to modeling released Friday by a nonpartisan think tank. The Energy Innovation analysis found that households will pay an average of $6,500 more for energy, cumulatively...
Households will pay more for energy because of Trump's policy cha
Households in the contiguous United States will pay thousands of dollars more for energy through 2040 because of federal policy changes since President Donald Trump returned to office, according to modeling released Friday by a nonpartisan think
Households will pay more for energy because of Trump's policy changes, think tank says
Households in the contiguous United States will pay thousands of dollars more for energy through 2040 because of federal policy changes since President Donald Trump returned to office.
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