The Sept. 21 Wall Street Journal ran an article with this headline: “The U.S. Is Forfeiting the Clean-Energy Race to China.” The voice of American business and capital said that “America has given up its effort to challenge China in the renewable-energy industries that increasingly power the global economy.” The piece is a rebuke of President Donald Trump’s doubling down on oil and gas while kneecapping Joe Biden’s clean energy policies.
Some investors believe the clean-energy market will adapt to fill a demand gap that is widening with data-center growth. Renewable electricity has already overtaken coal and nuclear power. Solar remains the largest source of new capacity coming online.
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