The Energy Transition sustained an electoral trauma as 2024 drew to a close. The incoming administration of President-elect Donald Trump promises to undo at least some of the progress made on decarbonisation under President Joe Biden. But the energy market is its own beast, subject to politics but also beholden to economic, technological, environmental, and international forces. Here are five elements to watch in Year One of Trump Two.
The IRA: Democrats entered 2021 debating how many trillions of dollars of subsidies would feature in a climate bill. Four years later, they brace for how much of the (shrunken) legislation that ultimately passed will survive.
Three things offer them grounds for cautious hope. First, Trump's earlier trifecta, in his first term, didn't deliver a death blow to the Affordable Care Act, a prior GOP bête noire. It's just hard to remove federal benefits once enacted — which leads into the second factor: Cleantech investment and jobs spurred by the Inflation Reduction Act flow overwhelmingly to red districts. Third, Republicans' House majority is razor-thin.
この記事は Financial Express Mumbai の December 27, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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この記事は Financial Express Mumbai の December 27, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
HELLO IMAGINARY FRIEND!
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SHRINKING SOCIAL CIRCLES
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FAREWELL, DR MANMOHAN SINGH
Biden hails Singh for boosting US-India ties
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Putin Apologizes for 'Tragic' Azerbaijani Airplane Crash
But stops short of admitting airliner was shot down
Genome reveals how a small group burst out of Africa
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What does the future hold for out-of-form India captain Rohit Sharma?
STEVE SMITH WAS said to be a shadow of his best self before he scored a long overdue hundred against India in the Brisbane Test.
Defiant push to change Constitution
Commentators described the BJP-led government as a minority’ government that will force Mr Modi to be more circumspect and restrained. I did not share that view. They thought that Mr Modi will be more deferent to Parliament, but that too was belied by the Winter session. Apparently, on Mr Modi’s instructions, the ministers and MPs carried on in the usual aggressive way, Showed scant respect to Parliamentary rules and conventions, and rode roughshod over the Opposition
Adani Green Forms New Subsidiary for Renewables
ADANI GREEN ENERGY on Saturday incorporated a new wholly owned subsidiary, Adani Green Energy Sixty Eight Limited.
Credila Financial Files IPO Papers
EDUCATION LOANS-FOCUSED LENDER Credila Financial Services, formerly known as HDFC Credila Financial Services, has filed papers with markets regulator Sebi for an initial public offering (IPO) through a confidential pre-filing route.
