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  • Tuesday, January 31, 2017

    Politics Won’t Hold Back New Energy

    Why Donald Trump won't hold back solar and wind power

    Tom DiChristopher, 24 January 2017 (CNBC)

    “President Donald Trump's full-throated support for fossil fuel production and his climate change denial have raised concerns about the future of renewable energy projects in America, but some investors believe the president cannot hold back solar and wind energy deployment — or alternative energy stocks…[because] goals adopted by more than half of U.S. states are what's driving growth in renewable energy projects, and Trump will have little effect on these…

    [Also,] more corporations are pledging to draw power from renewable sources, and lawmakers on both sides of the aisle last month renewed subsidies for solar and wind energy firms…In its latest Annual Energy Outlook, the U.S. Energy Information administration projected renewable energy consumption will grow faster than any other source through 2040, because capital costs fall as more solar and wind farms crop up and federal and state policies encourage their construction…” click here for more

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