The policies of President Donald Trump will fail to hold back progress in transitioning away from high-carbon energy sources, according to analysts at Citigroup.
Despite the Trump administration¡¯s determination to shred Biden-era climate protections, there remains a ¡°sense of optimism¡± that the energy transition will prevail, Citigroup ESG analysts led by Anita McBain wrote in a note.
The energy transition is more advanced today than during Trump¡¯s first term, and the desire to generate cheap, secure sources of power fit the ¡°smart, technologically innovative, policy-supportive, and economically viable solutions¡± that green energy offers, they said.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.