Public-private partnerships at the state and local levels are stepping in for federal funding.
When President Donald Trump entered office, it was clear that policies boosting energy production would take precedence over those protecting the environment.
The administration’s 2019 budget and its addendum proposed sweeping rollbacks to programs designed to limit environmental pollution and mitigate the effects of climate change, while slashing funds devoted to research on renewable energy.
Yet despite this setback, these policies should not leave investors in renewable energy holding the short end of the stick. Instead, this sector is showing signs of a revival thanks to public-private partnerships at the state and local levels.
Bloomberg View
By Shelley Goldberg
March 9, 2018