Citi Analysts Say Trump Can’t Reverse Energy Transition
A truck after unloading coal at a processing area near a United States Steel Corp. facility in Pennsylvania.
Photographer: Justin Merriman/BloombergThis article is for subscribers only.
The policies of President Donald Trump will fail to hold back progress in transitioning away from high-carbon energy sources, according to analysts at Citigroup Inc.
Despite the Trump administration’s determination to shred Biden-era climate protections, there remains a “sense of optimism” that the energy transition will prevail, Citigroup ESG analysts led by Anita McBain wrote in a note.