The raising of Donald Trump’s global economy has raised concerns that climate work may appear as a civil war.
In the week he followed “Liberation Day”Economists warned that the group of tariffs could lead to global economic recession, with severe consequences for investors-including those behind the green energy projects needed to achieve climate goals.
The fears of the long global recession have led to the raising of oil and gas prices, which makes the sounds to justify investing in clean alternatives such as electric cars and low carbon heating to financially solid living families.
But among these concerns is Trump’s decision A more aggressive commercial tariff against China The world’s largest manufacturer for clean energy technologies-which threatens green investment in the United States, is the second largest carbon in the world.
“A tragedy of the United States”
The United States is expected to fail the rest of the world in developing clean energy technologies by cutting its access to the cheap clean energy technology that was developed in China. This is a new blow to green power developers in the United States, and still suffers from the Trump administration He pledged to retreat green incentives for the age of Biden.
The definitions will hinder the start of clean energy operating in the United States and pushing the country to the global market margins.
Specifically, they are expected to increase the price of clean energy development, because the United States relies heavily on importing clean energy technologies. She said: “Not only the final goods imports. Even the manufacture we do in the United States depends on the imported ingredients.”
The goal of the United States government can develop its manufacturing base by opening new factories to make these components be available locally, but it is likely to take time. Abrahams said that the materials will also come at a large cost, because the materials that are usually imported to build these factories – cement, steel, aluminum – will also be subject to tariffs.
“At the same time there is wider, Global economic effects She added that this might make it difficult to reach inexpensive capital. “
Abrahams said that this will mean a weaker appetite for investing in offering green projects throughout the United States, and in researching and developing clean technologies in the early stage in the future. Abrahams added that this is likely to have long -term effects on the American position in the global green energy market, which means that “it will give up some of our share in the potential market abroad.”
Instead, like countries China Abrahams said that it is possible that clean energy technology sales are possible away from the United States to other countries that are eager to develop green energy. She said: “On the one hand, this should help accelerate the adoption of clean energy in those countries, which is good for emissions, but for the United States, this is the future market share that we waive.”
“Clean energy cannot be stopped, with or without Trump”
It is important to distinguish between the United States and the rest of the world, according to Kingsmill Bond, a strategic expert for Energy Thinktank Ember.
He said: “The more the number of the United States over the rest of the world, the more the rest of the world with things and the United States will be left behind. This is a tragedy for the clean energy industry in the United States, but for everyone there are opportunities.”
An analysis by the 350.org Climate Custom campaign group has found that despite the high costs and low green investment in the United States, Trump’s trade war will not affect energy transmission and renewable energy trade worldwide.
He said that the United States was already “just a footnote, not a world player” in the race to end the use of fossil fuels. She said only 4 % of clean technology exports in China go to the United States, in a commercial sector where the sales volume grew by about 30 % last year.
Andreas Siper, assistant director at 350.org, said: “Trump’s tariff will not slow down the global energy transmission – will only harm ordinary people, especially Americans,” said Andreas Siper, Assistant Director of 350.org. “The transition to renewable energy sources cannot be stopped, with or without it. Another step does not affect the prosperous clean energy market but will isolate the United States and increase the costs of American consumers.”
A senior executive of a large European renewable energy company said that developers are likely to continue in current American projects, but in the future they may invest in other markets.
“So we will not do less, we will go to another place,” said the executive director, who asked not to be named. “There is no lack of demand for clean energy projects worldwide, so we do not respond to our ambitions. Excluding the United States can make extended supply chains easier to manage them.”
Countries that are likely to benefit from the new interest in renewable energy investors include the prosperous markets in Southeast Asia, where fossil fuel adoption is still high and energy demand. Australia and Brazil also emerged as countries to earn.
“In such times, the two countries will be increasingly searching for local solutions,” said Bond. “This means clean energy and local supply chains. There are always climatic reasons to go green, but there are now national security reasons.”
The challenge facing governments that hope to seize the opportunity for the United States the Green will be to guarantee the displaced investors that they are providing a safe place to invest in the climate agenda.
Dara Vias, CEO energy “The certainty has always been the thing that investors say they needed. The United Kingdom is seen as a stable state with a stable government, but now more than ever we need to double give the certainty to investors,” said the United Kingdom, the United Kingdom’s commercial body.
“Investors love certainty,” Bond agreed. “But they also like to grow and opportunity, and for this reason there is some confidence that they will continue to spread capital in the sector.”
“The United States is still important”
Although the slowdown of green investment may be largely limited to the United States, this still constitutes fears for global climate progress, according to Marina Domings, head of new energies at Rystad Energy Consulting Company.
“The United States is a huge emitter. So everything the United States does is really important in the global energy transmission and how we calculate Co2She said that the United States is the second most polluted country in the world, behind China, which produces nearly three times the carbon emissions. But the green decline in the United States comes at a time when the country was planning to significantly increase the demand for local energy.
After years of relatively fixed demand for energy, Rystad predicts a 10 % growth in electricity consumption in the United States from a boom in AI data alone. The economy will also require more energy to operate an increase in local manufacturing as imports are diminished by China.
In the absence of the growing energy industry, this is likely to come from fossil fuels, which means that the increasing climate emissions. The United States is expected to benefit from the abundance of shale gas, but it plans to use more coal in the future as well.
In the same week in which Trump put his definition tariff, four executive orders aimed at preventing the United States from gradual disposal of coal, while climate activists described him in 350.org as “abuse of power.”
“President Trump’s recent attempt to force coal to the United States is a dangerous imagination that displays our health, economy and our future,” said ANN Gilima, the group’s executive,.
