08 April, 2017

Bullish on Renewable Energy: Investors Argue Trump Can’t Stop the Revolution

For proponents of clean energy, the Donald Trump administration already seems like a nightmare. In the worst moment so far, Trump surrounded himself with coal miners and signed an executive order last week that aims to rescind former President Barack Obama's Clean Power Plan. That regulation would have continued to move the power industry away from coal-burning plants and toward wind and solar farms.
Solar generating station at Nellis Air Force Base in Las Vegas,
Nevada. The doomsday coverage of the attack on
 renewable energy by the Trump administration is "fake
drama," according to one solar entrepreneur.
"We've already won the battle." 
So is Washington trying to kill the renewable energy revolution? Jeff Tannenbaum and Jigar Shah don't believe that's possible. They were both involved with a company called sPower, which has built and operates 150 utility-scale solar and wind power projects across the U.S. and the U.K. It was sold in February to giant utility AES Corporation for $1.6 billion—one of the biggest deals ever in the green energy industry.
Tannenbaum and Shah say that deal is just one of many that prove the shift away from fossil fuels is inevitable, whatever the political climate and no matter who is in the White House. 

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