Trump’s green new deal
Trump's actions inadvertently boost renewable energy appeal.
impact+0.60
sentiment+0.30
n=3
trump's trade war and deregulation push are making renewable energy more attractive, even though he's not a fan of it. his tariffs on imported solar panels and steel drove up costs for new projects, but the uncertainty he's created around fossil fuel policy — from pulling out of the paris agreement to threatening iran — has pushed companies to lock in long-term power deals with wind and solar. utilities are signing contracts because renewables are now cheaper than coal and gas in many regions, and the price is stable. trump's own actions, like slashing environmental reviews, have also sped up permitting for some solar farms. the result: renewable energy investment hit a record $330 billion globally last year, and the us is on track to add more solar capacity in 2025 than any other power source.
read at ft_home →