How is President Trump affecting sustainability?
POTUS 47
POTUS 47
House view
New this month
The Trump administration plans to rescind a 2024 rule which cut project fees for wind and solar energy developments on federal lands by roughly 80%. Developers had long complained that these fees were too high to draw investment; the Trump administration says the rule unfairly favored development of wind and solar facilities. The administration is also planning to roughly halve the time it takes to review potential land parcels on federal lands for oil and gas development to six months. The Asia Asset Management journal though believes that sustainability investing will "survive Trump," With the retreat from the US dollar and assets as safe havens, and the increasing inconsistency of US policies, US capital's bearing on the global financial system might ebb going forward.
Did you know?