Analysis by Wood Mackenzie has found that another Trump presidency could have devastating consequences on America’s green-energy transition. While President Joseph Biden has pledged to invest billions in developing the country’s renewable-energy infrastructure, former President Donald Trump is mostly opposed to efforts to replace fossil fuels with greener alternatives. As a result, Wood Mackenzie says former President Trump could set back the country’s green-energy transition by a whopping $1 trillion if he assumes office for a second term.
A report published by the think tank projected that the former president could potentially impact hundreds of billions’ worth of investment in low-carbon technology and infrastructure. Furthermore, a second Trump presidency would increase greenhouse-gas emissions by an additional one billion tons by…
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