1218 ET - U.S. clean tech companies are facing several risks as a result of Donald Trump's win in the presidential election, according to a note by Pavel Molchanov, an analyst at Raymond James. "Trump's victory automatically creates headline risk for the entire clean tech landscape," he says. Federal regulatory policy towards clean tech is likely to be weaker than in the past four years, Molchanov says. Should Republicans retain the House, there's a risk of legislative changes that could hurt clean tech companies, he says. In addition, there's an expectation of higher inflation under a Trump presidency, Molchanov says. "Anything that raises the cost of capital creates a headwind for energy transition capex." iShares Global Clean Energy ETF is off 7%. (yuliya.chernova@wsj.com)
(END) Dow Jones Newswires
November 06, 2024 12:18 ET (17:18 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。