Trump's Energy Policies Rattle Renewable Stocks Market

1 min read
Source: NDTV
Trump's Energy Policies Rattle Renewable Stocks Market
Photo: NDTV
TL;DR Summary

Donald Trump's promise to halt renewable energy projects on his first day if re-elected has caused renewable energy stocks to fall sharply. Major companies like Orsted, Vestas, and Nordex saw significant declines. Trump's stance could threaten the growth of the renewable sector by potentially reducing tax credits and dismantling environmental regulations. Despite his previous criticism of electric vehicles, Trump has softened his stance after Elon Musk's endorsement, though his energy policies remain a concern for investors and industry proponents.

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