“Trump’s energy plan overstates benefits of more drilling: economists”

Watts Up With That?

Guest post by David Middleton

trumpenergy

Donald Trump has promised to roll back regulations and unleash an energy revolution in America — but economists have their doubts about the plan.

The Republican presidential candidate says he will boost America’s economic output, create millions of new jobs, and put coal miners back to work. But the windfalls Trump touts originate from a report commissioned by a nonprofit with ties to the energy industry and whose findings rely on a forecasting model that often overstates the benefits of increased drilling, according to economists who have researched the U.S. shale oil and gas revolution.

The Trump campaign did not immediately respond to a request for comment.

Immigration and trade have dominated much of the policy conversation this campaign season, but the next president will take office at a crucial time for the energy industry. America’s revolution in high-tech oil production has been sidetracked by…

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