WoodMac Sees $1 Trillion At Risk for Clean Energy Investments Under Trump

WoodMac Sees $1 Trillion At Risk for Clean Energy Investments Under Trump

OilPrice.com

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A second Trump presidency could place a huge part of renewable energy investments at risk, increase carbon emissions by 1 billion tonnes more by 2050 and delay peak fossil fuel demand by 10 years beyond current forecasts, energy analytics firm Wood Mackenzie has predicted.   WoodMac projects ~$7.7T in overall spending by the U.S. energy sector through 2050 under current policies, a figure that could be cut by $1T under Trump through reduced policy support for low carbon energy and infrastructure improvements.  Analysts have predicted…

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