The Trump Effect
After years of increasing momentum for sustainable investing, 2017 began with concerns that the new administration would have a chilling effect on the field's growth.
The concerns had to do with President Donald Trump promising to "bring back coal," roll back Barack Obama's Clean Power Plan, and pull the United States out of the Paris Climate Agreement, all of which, it was feared, could hurt investments in renewable energy and, more broadly, in companies better aligned with the transition to a low-carbon economy.
Jon Hale, Ph.D., CFA does not own shares in any of the securities mentioned above. Find out about Morningstar's editorial policies.