Renewables: Trump’s Key To U.S. Energy Dominance?

Since a pro-oil administration entered the White House, the oil industry lobby has praised the ‘America-First’ energy strategy, while proponents of cleaner energy have been arguing that the U.S. needs a more diversified energy mix in which renewables should have a greater share. The pro-oil camp—like President Trump–argues that more oil and gas drilling will boost American energy independence, create many more jobs, and ultimately lead to American energy dominance. The other point of view is that, despite skeptics, climate change is here and is a threat, and the U.S. should use more renewable energy in its energy mix if it is to stand a chance against global warming and keep pace with the rest of the world in terms of clean energy development.

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Source: NASDAQ

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