Trump Mostly Halts Wind Energy Advancements, Hurting Investment
Douglas McIntyre and David Callaway, Editor-in-Chief at Climate Crisis 24/7, discuss the uncertain future of offshore wind energy in the U.S. McIntyre notes that the Trump administration largely halted progress, with only one recent exception in New York. Callaway explains that major European investors have paused funding due to instability, despite a short-term market bump following a political deal between Governor Kathy Hochul and Trump involving a long-shuttered gas pipeline. While the deal offered a glimpse of cooperation, Callaway concludes that the industry remains hesitant, with little chance of large-scale offshore wind investments in the near future.
More from ClimateCrisis 247
- Global Military Buildup Threatens Climate Goals with Massive Emissions
- GM and Ford Willingly Take Losses on EVs to Undercut Tesla
- U.S. Solar Industry Faces Major Setback from Trump’s Tariffs
- Can Genetic Engineering Help Food Security Amid Climate Change?