Trump unlikely to slow down the renewable energy momentum

US President Donald Trump speaks after signing a document at the Oval Office of the White House in Washington DC, US on February 4, 2025.

Photo credit: Reuters

After one month in office, US President Donald Trump’s executive orders have confirmed that global warming will not be his priority agenda, and that fossil fuels development will feature highly.

However, oil and gas investors are unlikely to blindly embrace Trump’s call for increased drilling, for indeed these commodities are governed by global supply and demand dynamics which impact costs, prices and returns.

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