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Trump's National Energy Emergency Focuses on Next-Generation Tech
Trump wants to ban wind farms, causing the stock price of the world's largest offshore wind power Operator to plummet.
On January 20 local time, Danish offshore wind power giant Ørsted announced a large-scale cut to its USA Business. This move comes as Trump takes office as President of the USA, casting a shadow over the prospects for the Wind Power industry - just hours after the latest impairment announcement, Trump was officially inaugurated and suspended new offshore wind power leases. After the market opened on Tuesday, Ørsted's European stocks fell more than 17%.
Evercore Maintains Portland General Electric(POR.US) With Buy Rating, Cuts Target Price to $50
Portland General Electric Price Target Lowered to $50 From $51 at Evercore ISI
On his first day in office, Trump began to reshape US Energy.
Hours after taking office on Monday, President Trump initiated a comprehensive reform of US Energy policy, shifting the federal government's focus to fossil fuel production and withdrawing from the fight against climate change.
These 4 Measures Indicate That Portland General Electric (NYSE:POR) Is Using Debt Extensively