Renewable giants shrug off Trump's anti-wind policies: 'Electrification is absolutely unstoppable'
Story by Sam Meredith • 59m
Renewable energy giants appear relatively sanguine about U.S. President Donald Trump's anti-wind policies.
Trump temporarily suspended new or renewed leases for offshore and onshore wind projects and halted the leasing of wind power projects on the outer continental shelf.
"I believe the electrification age has just begun," Joe Kaeser, chairman of the supervisory board of Siemens Energy, told CNBC's Dan Murphy at the World Economic Forum in Davos, Switzerland.
U.S. President Donald Trump holds up an executive order after signing it during an indoor inauguration parade at Capital One Arena on January 20, 2025 in Washington, DC. Donald Trump takes office for his second term as the 47th president of the United States.
U.S. President Donald Trump holds up an executive order after signing it during an indoor inauguration parade at Capital One Arena on January 20, 2025 in Washington, DC. Donald Trump takes office for his second term as the 47th president of the United States.
Renewable energy giants appear relatively sanguine about U.S. President Donald Trump's anti-wind policies, describing the process of replacing fossil fuels with electrically powered products as "absolutely unstoppable."
Trump, who promised a new "golden age" for America in his inaugural address on Monday, swiftly took aim at low-carbon energy initiatives.
https://www.msn.com/en-us/money/other/renewable-giants-shrug-off-trump-s-anti-wind-policies-electrification-is-absolutely-unstoppable/ar-AA1xEcCk?ocid=widgetonlockscreen&cvid=1bda0b0d594d4372aee1959fde671566&ei=95