Trump’s Re-election Threatens US Clean Energy Progress

Donald Trump’s re-election as US President has sent shockwaves through the clean energy sector, with stocks tumbling and investments paused. Trump’s climate scepticism and promise to turbo-charge America’s fossil fuel sector have raised concerns about the future of green energy in the US. The Inflation Reduction Act, a key piece of climate legislation signed by President Biden, is under threat, with Trump vowing to terminate it.
  • Forecast for 6 months: Expect a continued decline in clean energy stocks and investments, with a potential 10-15% drop in renewable energy production in the US.
  • Forecast for 1 year: The US clean energy sector is likely to experience a significant slowdown, with a potential 20-25% reduction in green energy investments and a 5-10% decline in renewable energy production.
  • Forecast for 5 years: If Trump’s policies are implemented, the US is likely to miss its climate targets, with a potential 30-40% increase in greenhouse gas emissions by 2030. The clean energy sector may struggle to recover, with a potential 50-60% decline in green energy investments.
  • Forecast for 10 years: The US may lose its global leadership in clean energy, with China poised to take advantage of the opportunity. The country may experience a significant shift towards fossil fuels, with a potential 70-80% increase in greenhouse gas emissions by 2035.

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