Trump’s War on Wind Power Is Raising Costs Around the World ...Middle East

OILPRICE - Economy
Trump’s War on Wind Power Is Raising Costs Around the World
source : OILPRICE ( Middle East ) () 33
President Donald Trump’s crackdown on offshore wind power in the United States could spill over globally, dampening investor sentiment in the industry, wind power executives have warned. Citing the chief executive of Vestas, the turbine maker, the Financial Times reported today that the ban on offshore wind in the United States heightened uncertainty, which would reduce investors’ risk tolerance and result in a higher cost of capital for an industry already struggling with rising costs. President Trump has made no secret of his strongly…

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