The announcement of JD Vance as Donald Trump’s running mate for the 2024 presidential election isn’t just another headline—it’s a potential turning point with far-reaching implications for both America and the world.
JD Vance’s firm support of the oil and gas industry and his open disdain for solar power and electric vehicles are well known. His views on climate change, mirroring Trump’s dismissal of the issue, starkly contrast with the progressive climate policies we are striving for here in the UK. Prime Minister Keir Starmer has made it clear that combating climate change is a top priority, and this ideological clash could create significant tension between our two nations.
Impact on Renewable Energy Initiatives
If Trump and Vance are elected, we can expect a reversal of the Biden administration’s renewable energy initiatives. This potential shift back to fossil fuels in the US is troubling. For the UK, which has committed to achieving net-zero emissions by 2050 and invested heavily in renewable energy, this presents a real challenge.
Firstly, global efforts to combat climate change could lose momentum. The US is a major player in these efforts, and its regression could encourage other countries to deprioritise renewable energy investments, making it harder to meet international climate goals.
Secondly, UK businesses in the renewable energy sector might face stiffer competition from a revitalised US oil and gas industry. This could impact the profitability and feasibility of UK renewable energy projects, particularly if US policies lead to lower global oil and gas prices.
Strain on the US-UK Special Relationship
The US-UK special relationship has always been strong, but differing views on such a critical issue could strain this bond. Prime Minister Starmer’s administration is committed to sustainability and innovation in renewable energy, while a Trump-Vance administration would likely move in the opposite direction.
This divergence could hinder collaborative efforts on climate change, a key area of cooperation. Joint initiatives, funding for green technologies, and shared research might all be at risk. The ideological divide might also affect other areas of the bilateral relationship, complicating trade negotiations, defence cooperation, and broader geopolitical strategies.
Looking Forward
As we face the escalating impacts of climate change, international cooperation is more important than ever. The potential election of a Trump-Vance administration feels like a step backward, threatening to undo years of progress.
For the UK, maintaining its leadership in renewable energy and climate change mitigation will require careful navigation of these complex dynamics. Diplomatic efforts must be intensified to find common ground and mitigate the negative impacts of US policy shifts. It’s crucial for the UK to strengthen alliances with other like-minded nations to keep advancing the global renewable energy agenda.
Richard Alvin
Richard Alvin is a serial entrepreneur, a former advisor to the UK Government about small business and an Honorary Teaching Fellow on Business at Lancaster University.
A winner of the London Chamber of Commerce Business Person of the year and Freeman of the City of London for his services to business and charity. Richard is also Group MD of Capital Business Media and SME business research company Trends Research, regarded as one of the UK’s leading experts in the SME sector and an active angel investor and advisor to new start companies.
Richard is also the host of Save Our Business the U.S. based business advice television show.
