10 November, 2016

Trump: Ugly for world, ugly for climate, ugly for clean energy

Hurtling towards disaster? What does a Trump
 presidency mean for the global energy market?
About 10 minutes after Donald Trump gave his acceptance speech for his remarkable election as US president, I was invited into the driver’s cockpit of the very fast train travelling from Madrid to Zaragoza, in Spain.

It was a remarkable vision – hurtling at 300kms/hour through a thick fog, barely able to distinguish what lies ahead. The world may be having a similar sensation as it tries to make sense of a Trump presidency and anticipate what happens next.

The reality is that we simply don’t know. As one observer put it yesterday, the media and the others who got everything so wrong will now try to tell us all the things that will happen as a result of all the things they said would not happen.

Nevertheless, it doesn’t look good. And on any conventional assessment, it is a disaster on many levels – particularly for the efforts to address climate change and for the clean energy industry in the US.

Read Giles Parkinson’s story on RenewEconomy - “Trump: Ugly for world, ugly for climate, ugly for clean energy.”

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