In a speech focused on economic policy on Thursday, Republican presidential candidate Donald Trump said he would repeal the Environmental Protection Agency’s Clean Power Plan and the Waters of the U.S. Rule in order to save money.
Trump said the government estimates the Clean Power Plan will cost $7.2 billion a year. He also cited the Heritage Foundation, saying that President Obama’s energy regulations will eliminate half a million manufacturing jobs by 2030 and reduce economic output by $2.5 trillion dollars. Trump said unlike Obama and Democratic presidential candidate Hillary Clinton, his policies would lift restrictions “on all sources of American energy production.”
“This Obama-Clinton directive will shut down most, if not all, coal-powered electricity plans in America,” Trump said in his prepared statement. “Remember what Hillary Clinton said? She wants to shut down the miners, just like she wants to shut down the steel mills.”