Alternative energy doesn’t need help from President Trump – Yahoo Finance


When President Obama took office in 2009, renewable energy sources such as solar and wind power relied on tax credits and other government subsidies to get traction in the marketplace. These days, however, alternatives to carbon energy are becoming cost-effective on their own, without government aid.

“It’s a very attractive dynamic for businesses trying to isolate themselves from the cost variability of a carbon-based energy complex,” alternative-energy investor Matthew Weatherly-White, managing director of the investment firm Caprock Group, tells Yahoo Finance in the video above. Alternative energy, he says, is “here to stay”—with or without subsidies from the new Trump administration.

President Trump has shown no enthusiasm at all for the sorts of green energy Obama tried to cultivate. Instead, Trump has vowed to unleash the carbon economy by easing…

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