Clean Energy Investment Is Up Under Trump
New York nuclear plant, hydrogen investments in Va., La. cast doubt on press claims
In today’s newsletter:
A media accountability post about Trump and energy.
Also: Robert Kagan versus Ken Griffin on whether Trump is a grave threat to the Constitution.
Also: “Crimson Courage” or Crimson Cowards?
Also: How are Israeli planes reaching Iranian airspace? What countries are granting overflight access and why?
You can’t open a newspaper or news website these days without encountering some headline predicting that President Trump is the death knell for alternative energy.
Here a Wall Street Journal headline from June 20, over a story by by a reporter named Yusuf Khan: “The U.S. Gave Up Its Lead in Clean Energy Sectors Before. It Might Be Doing It Again.” Subheadline: “The Trump administration’s move to roll back hydrogen, carbon capture and green energy initiatives is likely to play into China and Europe’s hands, say industry leaders.”
Note the weasel words of “might” and “likely.”
Here’s a Bloomberg News article from June 23, headlined, “US Clean-Energy Project Cancellations Hit GOP Districts Hardest.” It begins, “Clean energy investments in the US are shrinking fast amid the rollback of tax incentives and policy uncertainties under President Donald Trump’s administration, with Republican districts hardest hit.” It goes on, “The clean energy industry is rapidly losing investments at a time US utilities are rushing to meet the growing power demand from data centers expansion and new factories. More projects are poised for cancellations as Trump continues undermining renewable power sources.”
These stories are misleading.
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