Politics and Government Politics and Government
Wed, January 8, 2025
[ 02:21 PM ] - MSN
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Trump Spurs Wind Power Share Plunge After No Windmills Vow

Trump Spurs Wind Power Share Plunge After No Windmills Vow


Published on 2025-01-08 11:00:51 - MSN
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  • Shares in some of Europe's biggest wind power companies fell Wednesday after President-elect Donald Trump said he aimed to have no new windmills in the US after taking office.

The article from MSN discusses how former President Donald Trump's criticism of wind power has led to a noticeable decline in the stock prices of wind energy companies. Trump, known for his skepticism towards renewable energy, particularly wind turbines, has labeled them as expensive, inefficient, and harmful to wildlife. His comments, made during a speech at a Republican Party event in Michigan, targeted the visual and environmental impact of wind turbines, calling them "bird cemeteries." Following his remarks, shares of companies like Vestas Wind Systems A/S, Orsted A/S, and Siemens Energy AG experienced drops in their stock values. This reaction in the market underscores the influence Trump's statements can still have on specific industries, even after his presidency.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/politics/government/trump-spurs-wind-power-share-slump-after-taking-aim-at-windmills/ar-AA1xaiF4 ]
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