What the midterm blue-wave rebuke of Trump means for renewable energy
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U.S. midterms that handed climate-friendly Democrats control of the House and Senate improved prospects for reviving the clean energy agenda after President Trump’s rollbacks of environmental rules, clean energy subsidies and tax credits, and slowed wind and solar work. Clean energy and solar stocks rallied the day after the results; Barclays analysts led by Peter Crampton said that may reduce further political interference with renewable incentives and support wind, solar and battery investments, though Trump can still veto subsidy legislation and issue executive orders.
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