As such, Cairns states that it was unsurprising that shares of many renewable energy companies fell sharply following the US presidential elections.
While clean energy has been under pressure following Donald Trump’s victory and a Republican “clean sweep”, Schroders notes that the impact that Trump has had on Schroder’s sustainable portfolio has been limited.
Olly Cairns, portfolio director at Schroders, notes that Trump’s stance on US federal support for clean energy has been clear, with his promises to repeal many of the “green new scam” policies included in the Democrats’ Inflation Reduction Act (IRA).
