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Climate Change 'Does Not Care' Who's In The White House: Tommy Stadlen
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April 1, 2025
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4:44Now PlayingEarth's warming exceeded 1.5C on an annual basis for the first time in 2024, according to three major climate science agencies. It's the most potent evidence yet that countries are failing to meet a Paris Agreement goal of limiting global heating to that level as a decades-long average.
Meanwhile China's top climate envoy said the world's transition to clean energy will continue, even as the US's second withdrawal from the Paris Agreement puts unprecedented stress on the fight against global warming.
Tommy Stadlen is the co-founder of Giant Ventures who back technology founders in the areas including sustainability, health and mental health. He joined Caroline Hepker and Tom Mackenzie on Bloomberg Radio to discuss the landscape for seed investing
President Donald Trump said he would look to reinstate weaker automobile emissions standards, casting the vehicle pollution curbs imposed by former President Joe Biden as too onerous for automakers.
Trump said he discussed the issue with John Elkann, the chairman of Chrysler parent Stellantis NV, on Monday. Trump told reporters the pair talked about “some of the problems they have with the environment, which we’re going to clean up.”
“We’re going to go back, probably, to a 2020 standard,” Trump told reporters as he signed an unrelated executive order in the Oval Office. Existing pollution curbs, all over the world, don’t “mean a damn bit of difference for the environment” but “make it impossible for people to build cars,” he added.
That kind of recalibration in the amount of greenhouse gas emissions from the tailpipes of cars and light trucks would essentially freeze limits the Environmental Protection Agency embraced during Trump’s first term. Trump’s comments signal a return to a greenhouse gas pollution limit of 204 grams per mile for cars and 284 grams per mile for light trucks, once applied to model year 2020 vehicles.
During Trump’s first term, the EPA tried to freeze that 2020 level in place. But Biden later imposed a more rigorous trajectory, which limits tailpipe releases of carbon dioxide to 170 grams per mile for model year 2027 and just 85 grams per mile in 2032.
Trump has frequently criticized the Biden-era requirements as an EV mandate because they grow so stringent as to compel automakers to sell zero-emission electric vehicles.
Environmental advocates and scientists argue dramatic reductions in greenhouse gas emissions are necessary to contain global warming. The US transportation sector is the country’s leading source of that planet-warming pollution.
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