For renewable energy....follow the money!
Professor, Columbia Business School and Columbia Climate School Elizabeth B. Strickler '86 and Mark T. Gallogly '86 Faculty Director, The Tamer Institute for Social Enterprise and Climate Change
Unsurprisingly, I'm receiving a lot of questions about the impact Trump will have on the energy transition in the US. I won't speculate on what policies will be enacted or repealed, but I do know that cheap power that deploys quickly beats costly power that is slow to build. NextEra Energy, Inc., the most valuable utility company in the world, just summed up the future of US power with this one-page graphic. Wind and solar with battery storage are cheap and ready now. Gas is still needed for capacity but it's also costly and takes time. Nuclear is very slow to build and very costly. President Trump's hatred of renewable energy will slow the energy transition and force Americans to pay more for less. The demand for power in America is growing rapidly with the growth in AI, it's a good bet that the cheapest and fastest to deploy will meet much of that need. #solar #wind