Trump unlikely to significantly alter ongoing global energy shift

Republican presidential nominee and former US president Donald Trump gestures during a campaign event at Dorton Arena, in Raleigh, North Carolina, US on November 4, 2024.

Photo credit: Reuters

Donald Trump is firmly back in the US presidency, with the likelihood of Senate and House or Representative majorities. This will enable him to reverse any aspects of Biden’s Inflation Reduction Act that may be unpopular with fossil fuel lobbies that backed his election.

However , it is too late for Trump to influence the speed and extent of energy transition across the world, much of which has already attained an irreversible momentum.

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