Siemens Races Against Wind Impact of Trump’s Paris Decision — Panjiva
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Siemens Races Against Wind Impact of Trump’s Paris Decision

Energy - Renewables 205 Politics 153 U.S. 5399

President Donald Trump will announce a decision on whether to keep the U.S. in the Paris Climate Accords today. If the president chooses to withdraw then presumably changes to domestic energy policy, including renewable energy, will follow. Importers of renewable energy equipment appear to be anticipating a cancellation of existing supports. Imports of solar energy equipment in May were their highest since November, though still down 32% on a year earlier. Wind turbine equipment shipments reached 2.2x November’s level after growing 77% vs. last May. The slower installation process for wi...

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