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How Trump’s Second Administration Affects Business: Energy, Musk, Tariffs and More

Coal, Conventional Energy, Latest, LNG, Natural Gas, Oil, Renewable Energy, Solar, US News, Wind / By mark

Donald Trump’s return to the White House after winning the Nov. 5 U.S. presidential election may reshape American business. Much depends on whom he appoints as deputies and cabinet members, including the role of Tesla CEO Elon Musk, and what tariffs he enacts. Following are some major issues and sectors to watch: WHAT ROLE WILL …

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Global Solar Capacity Hits 2 TW on Path to Climate Goal, Data Shows

CDN and International News, Latest, Renewable Energy, Solar / By mark

(Reuters) – Global solar capacity has reached a record 2 terawatts (TW) of capacity, with more added in the last two years than the previous 68 combined, exclusive data from the sector’s global industry group shared with Reuters showed. The updated figures have not previously been published, and the Global Solar Council said they give …

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Trump Return Will Slow, Not Stop, U.S. Clean Energy Boom

Hydro, Latest, Renewable Energy, Solar, US News, Wind / By mark

Summary Biden-era clean energy subsidies would likely survive Reduction in offshore wind leasing likely Solar, wind energy costs have dropped sharply Oil, gas output already at record highs (Reuters) – Donald Trump’s return to the White House will refocus the nation’s energy policy onto maximizing oil and gas production and away from fighting climate change, but the …

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How Trump’s Second Administration Affects Business: Musk, Tariffs and More

Coal, Conventional Energy, Latest, LNG, Natural Gas, Oil, Renewable Energy, Solar, US News, Wind / By mark

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European Clean Energy Stocks Tumble as Trump Wins Presidency

CDN and International News, Latest, Solar, Wind / By mark

(Reuters) – Shares in European clean energy groups plummeted on Wednesday after Donald Trump was elected president of the United States, as investors fretted over a potential dismantling of U.S. support for renewables and climate policy. Trump had vowed to scrap offshore wind projects through an executive order on his first day in office and to roll back climate regulations implemented under President …

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A Huge “Cat and Mouse” Game: Chinese Solar Firms Go Where U.S. Tariffs Don’t Reach

Latest, Renewable Energy, Solar, US News / By mark

Summary Chinese solar firms build new plants in Indonesia and Laos U.S. has expanded tariffs on other Southeast Asian nations In Vietnam, Chinese solar companies cut output, lay off workers (Reuters) – Some of the biggest Chinese-owned solar factories in Vietnam are cutting production and laying off workers, spurred on by the expansion of U.S. …

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Engie to Provide Meta With 260 MW of Energy From U.S. Solar Plant

Latest, Renewable Energy, Solar, US News / By mark

(Reuters) – Facebook owner Meta Platforms will buy all the output of Engie’s planned U.S. Sypert solar power plant, the French utility said on Thursday, in line with attempts to use renewable sources to cover a data-led surge in demand. The plant, with an estimated output of 260 megawatts (MW), is expected to start operating in …

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Tentative Green Energy Shoots at Risk From U.S. Vote Uncertainty

Latest, Renewable Energy, Solar, Wind / By mark

Summary Clean energy net fund outflows exceed $11 bln this year Competition from China and fossil fuel returns Renewables valuations at near 3% discount to market MSCI Global Alternative Index down 18% this year MILAN, Oct 30 (Reuters) – Renewable energy shares, reeling from an investor retreat, face extended uncertainty as the U.S. election has added to …

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Here Are 5 Industries With the Most at Stake in Presidential Election

Biomass, Conventional Energy, Geothermal, Hydro, Latest, LNG, Natural Gas, Nuclear, Oil, Renewable Energy, Solar, US News, Wind / By mark

Health care, energy also among businesses with most at stake Retailers would face major impact from tariff increases The US election on November 5 will be a clash of visions that reverberates through the global economy for years to come. Kamala Harris and Donald Trump in some cases have skirted how they will handle pivotal …

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Trump Hates Biden’s Climate Law But His Allies are Making Money From It

Carbon Capture, Energy Topics & Technology, Latest, Renewable Energy, Solar, US News, Wind / By mark

Summary Trump pledges rollback of Biden’s climate law as a top priority Trump allies, fundraisers benefit from the IRA’s key tax credits At least 7 allies, or the companies they run, hold investments in projects eligible for IRA subsidies WASHINGTON, Oct 25 (Reuters) – Donald Trump has promised to gut U.S. President Joe Biden’s climate subsidies if elected. But …

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