{"id":135003,"date":"2024-10-30T09:10:17","date_gmt":"2024-10-30T07:10:17","guid":{"rendered":"https:\/\/tietopankki.crnet.fi\/fi\/news\/tentative-green-energy-shoots-at-risk-from-us-vote-uncertainty\/"},"modified":"2024-10-30T09:10:17","modified_gmt":"2024-10-30T07:10:17","slug":"tentative-green-energy-shoots-at-risk-from-us-vote-uncertainty","status":"publish","type":"post","link":"https:\/\/tietopankki.crnet.fi\/en\/news\/tentative-green-energy-shoots-at-risk-from-us-vote-uncertainty\/","title":{"rendered":"Tentative green energy shoots at risk from US vote uncertainty"},"content":{"rendered":"<div class=\"mp_wrapper\">\n  <div class=\"mepr-unauthorized-message\">\n    <p>You are unauthorized to view this page.<\/p>\n  <\/div>\n  <div class=\"mepr-login-form-wrap\">\n            \n<div class=\"mp_wrapper mp_login_form\">\n                  <!-- mp-login-form-start -->     <form name=\"mepr_loginform\" id=\"mepr_loginform\" class=\"mepr-form\" action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\" method=\"post\" data-trp-original-action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\">\n            <div class=\"mp-form-row mepr_username\">\n        <div class=\"mp-form-label\">\n                              <label for=\"user_login\">Username<\/label>\n        <\/div>\n        <input type=\"text\" name=\"log\" id=\"user_login\" value=\"\" \/>\n      <\/div>\n      <div class=\"mp-form-row mepr_password\">\n        <div class=\"mp-form-label\">\n          <label for=\"user_pass\">Password<\/label>\n          <div class=\"mp-hide-pw\">\n            <input type=\"password\" name=\"pwd\" id=\"user_pass\" value=\"\" \/>\n            <button type=\"button\" class=\"button mp-hide-pw hide-if-no-js\" data-toggle=\"0\" aria-label=\"Show password\">\n              <span class=\"dashicons dashicons-visibility\" aria-hidden=\"true\"><\/span>\n            <\/button>\n          <\/div>\n        <\/div>\n      <\/div>\n            <div>\n        <label><input name=\"rememberme\" type=\"checkbox\" id=\"rememberme\" value=\"forever\" \/> Remember Me<\/label>\n      <\/div>\n      <div class=\"mp-spacer\">&nbsp;<\/div>\n      <div class=\"submit\">\n        <input type=\"submit\" name=\"wp-submit\" id=\"wp-submit\" class=\"button-primary mepr-share-button\" value=\"Log In\" \/>\n        <input type=\"hidden\" name=\"redirect_to\" value=\"\/en\/wp-json\/wp\/v2\/posts\/135003\" \/>\n        <input type=\"hidden\" name=\"mepr_process_login_form\" value=\"true\" \/>\n        <input type=\"hidden\" name=\"mepr_is_login_page\" value=\"false\" \/>\n      <\/div>\n    <input type=\"hidden\" name=\"trp-form-language\" value=\"en\"\/><\/form>\n    <div class=\"mp-spacer\">&nbsp;<\/div>\n    <div class=\"mepr-login-actions\">\n        <a\n          href=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/?action=forgot_password\"\n          title=\"Click here to reset your password\"\n        >\n          Forgot Password        <\/a>\n    <\/div>\n\n      \n    <!-- mp-login-form-end --> \n  <\/div>\n      <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<div class=\"smart_content_wrapper\">\n<p>Renewable energy shares, reeling from an investor retreat, face extended uncertainty as the U.S. election has added to wariness, leaving only selected stocks poised to benefit from any boost lower interest rates could provide to funding. The sector achieved bubble-like valuations in 2020-21, as major funds piled in, attracted by falling development costs.<\/p>\n<p>Since then, the gains have been reversed by factors including renewable competition from China, a resurgence in the returns on conventional energy, and structural issues for renewable sources linked to supply chain disruption, a shortage of grid connections and planning issues.<\/p>\n<p>For the United States, the Inflation Reduction Act (IRA) has proved a spur to renewable investment, including in some Republican states, which leads some analysts to say its benefits will continue. Others say the prospect of former Republican President Donald Trump returning to the White House will channel funding into fossil fuels as he has promised more oil drilling. They say a win by Democrat Kamala Harris would be needed to restore confidence in renewables.<\/p>\n<p>Even then, a recovery would not be of the scale of the 2020-21 boom, they say. &#8220;Rates are coming down, fine, but that actually doesn&#8217;t solve competition issues or end-market demand, which is still there, but on a lower growth trajectory than before,&#8221; said Will McIntosh-Whyte, fund manager at Rathbones Asset Management in the UK, which manages both sustainable and traditional investment mandates.<\/p>\n<p>Alternative energy funds have recorded net outflows for 17 straight months, the longest losing streak on Lipper data going back to September 2019. So far in 2024, investors have withdrawn more than $11 billion, bringing assets to $54.2 billion. During the boom of 2021 at this point in the year, net inflows topped $29 billion.<\/p>\n<p>In 12 months, the retreat has meant a 28% drop in the number of outstanding units in the iShares Global Clean Energy (ICLN.O), opens new tab ETF, whose biggest holdings include U.S. solar tech company First Solar (FSLR.O), opens new tab along with British utility SSE (SSE.L), opens new tab and China&#8217;s Yangtze Power (600900.SS), opens new tab. The MSCI Global Alternative Index (.MIWD000IdPUS), opens new tab is set for its fourth year of declines, down 18% year-to-date, whereas global stocks have gained 17%. The index is trading at a 2.7% discount to world stocks, on a forward price-to-earnings metric, compared with peak premium of 25-50% in 2020-22.<\/p>\n<p><a rel=\"noopener\" href=\"https:\/\/www.reuters.com\/business\/energy\/tentative-green-energy-shoots-risk-us-vote-uncertainty-2024-10-30\/\">Read more&gt;&gt;<\/a><\/p>\n<p>Source: <a rel=\"noopener\" href=\"https:\/\/www.reuters.com\/business\/energy\/tentative-green-energy-shoots-risk-us-vote-uncertainty-2024-10-30\/\">Reuters<\/a><\/p>\n<\/div>\n<p>The post <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\/vaufien\/tentative-green-energy-shoots-at-risk-from-us-vote-uncertainty\/\">Tentative green energy shoots at risk from US vote uncertainty<\/a> appeared first on <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\">Vastuullisuusuutiset.fi<\/a>.<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[9447,574,606,607,608,1067],"class_list":["post-135003","post","type-post","status-publish","format-standard","hentry","category-news","tag-green-energy","tag-us","tag-vau_viikkokatsaus","tag-vauen","tag-vaufien","tag-vote"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/135003","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/comments?post=135003"}],"version-history":[{"count":0,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/135003\/revisions"}],"wp:attachment":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/media?parent=135003"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/categories?post=135003"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/tags?post=135003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}