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

📆 22/05/2024 01:38:00
📰 OilandEnergy

⏱ Reading Time:
15 sec. here
6 min. at publisher
📊 Quality Score:
News: 23%
Publisher: 68%

Woodmac Notícia

Renewables,Trump,Clean Energy

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 that less spending on low carbon energy could boost demand for natural gas by 6% or 6B cf/day by 2030.

Chevron Corp.NYSECVX, BP Inc.NYSEBP, Shell Plc NYSESHEL and TotalEnergies SE NYSETTE rocketed to $410 billion during the first three years of the Biden administration, a 100% increase compared to the corresponding period of Donald Trump’s presidency. By Alex Kimani for Oilprice.com

Escrever Comentário

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Trump Presidency Could Jeopardize $1 Trillion in Clean Energy InvestmentsIf Donald Trump wins the next presidential election, the U.S. could decelerate its clean energy rollout and put $1 trillion of low-carbon investments at risk.
Fonte: OilandEnergy - 🏆 34. / 68 Consulte Mais informação »