Will Either Trump or Harris Support Government funding for Clean Energy?

As the U.S. aims to expand renewable energy, Doug McIntyre and David Callaway discuss the role of government funding versus private investment in solar, wind, and nuclear energy. Callaway argues that while private capital is entering these sectors, it’s insufficient to fuel significant growth due to factors like high interest rates, COVID-related supply chain issues, and recent investor losses. Both presidential candidates plan to increase federal spending, but Harris would likely allocate more to clean energy, which could exacerbate inflation. With solar and wind stocks dropping sharply in recent years, government intervention may be necessary to support the clean energy transition. However, Callaway points out that, ultimately, sustainable success hinges on private investment.