{"id":82567,"date":"2020-10-06T04:05:00","date_gmt":"2020-10-06T01:05:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/wall-street-sees-biden-win-speeding-u-s-shift-to-clean-energy\/"},"modified":"2020-10-06T04:05:00","modified_gmt":"2020-10-06T01:05:00","slug":"wall-street-sees-biden-win-speeding-u-s-shift-to-clean-energy","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/wall-street-sees-biden-win-speeding-u-s-shift-to-clean-energy\/","title":{"rendered":"#\n  Wall Street sees Biden win speeding U.S. shift to clean energy"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_89 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6af4f9d0050d7\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6af4f9d0050d7\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/wall-street-sees-biden-win-speeding-u-s-shift-to-clean-energy\/#Investors_are_already_betting_on_cleaner_companies_Just_look_at_Tesla\" >Investors are already betting on cleaner companies. Just look at Tesla<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/wall-street-sees-biden-win-speeding-u-s-shift-to-clean-energy\/#Electric_energy_generating_wind_turbines_near_Palm_Springs_Calif\" >Electric energy generating wind turbines near Palm Springs, Calif.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/wall-street-sees-biden-win-speeding-u-s-shift-to-clean-energy\/#Coals_diminished_role_since_2000\" >Coal&#8217;s diminished role since 2000<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/wall-street-sees-biden-win-speeding-u-s-shift-to-clean-energy\/#Joy_Wiltermuth\" >Joy Wiltermuth<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#<br \/>\n  Wall Street sees Biden win speeding U.S. shift to clean energy<br \/>\n<\/strong>&#8221;<\/p>\n<h2 class=\"article__subhead\" itemprop=\"alternativeHeadline\"><span class=\"ez-toc-section\" id=\"Investors_are_already_betting_on_cleaner_companies_Just_look_at_Tesla\"><\/span>\n  Investors are already betting on cleaner companies. Just look at Tesla<br \/>\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><\/p>\n<div class=\"column column--full article__content\">\n<div id=\"js-article__body\" class=\"article__body article-wrap at16-col16 barrons-article-wrap\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0000025896\">\n<div class=\"barrons-article-ad-wrapper\">\n<div data-track=\"barrons-article-ad-wrap\" class=\"barrons-article-ad sticky_item\">\n<div class=\"barrons-main-article-ad-target sticky_target body_ad\" aria-hidden=\"true\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div data-layout=\"inline\n              \" data-layout-mobile=\"\" class=\"\n        media-object\n        type-InsetMediaIllustration\n          inline\n  article__inset\n        article__inset--type-InsetMediaIllustration\n          article__inset--inline\n  \"><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        renoImageFormat-\n        img-inline\n        article__inset__image\n      \" itemscope itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<div style=\"padding-bottom:66.71875%;\" data-mobile-ratio=\"66.71875%\" data-layout-ratio=\"66.71875%\" data-subtype=\"\" class=\"image-container  responsive-media article__inset__image__image\">\n        <img decoding=\"async\" srcset=\"https:\/\/images.mktw.net\/im-240818?width=140&amp;size=1.4988290398126465 140w,\nhttps:\/\/images.mktw.net\/im-240818?width=540&amp;size=1.4988290398126465 540w,\nhttps:\/\/images.mktw.net\/im-240818?width=620&amp;size=1.4988290398126465 620w,\nhttps:\/\/images.mktw.net\/im-240818?width=700&amp;size=1.4988290398126465 700w,\nhttps:\/\/images.mktw.net\/im-240818?width=860&amp;size=1.4988290398126465 860w,\nhttps:\/\/images.mktw.net\/im-240818?width=1260&amp;size=1.4988290398126465 1260w\" sizes=\"(max-width: 140px) 100px,\n(max-width: 540px) 500px,\n(max-width: 620px) 580px,\n(max-width: 700px) 660px,\n(max-width: 860px) 820px,\n1260px\" src=\"https:\/\/images.mktw.net\/im-240818?width=620&amp;size=1.4988290398126465\" data-enlarge=\"https:\/\/images.mktw.net\/im-240818?width=1260&amp;size=1.4988290398126465\" alt=\"\" title=\"Electric energy generating wind turbines near Palm Springs, Calif.\"><\/div><figcaption class=\"wsj-article-caption article__inset__image__caption\" itemprop=\"caption\">\n<h4 class=\"wsj-article-caption-content\"><span class=\"ez-toc-section\" id=\"Electric_energy_generating_wind_turbines_near_Palm_Springs_Calif\"><\/span>Electric energy generating wind turbines near Palm Springs, Calif.<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>      <span class=\"wsj-article-credit article__inset__image__caption__credit\" itemprop=\"creator\"><br \/>\n            David Mcnew\/Agence France-Presse\/Getty Images<br \/>\n          <\/span><br \/>\n  <\/figcaption><\/figure>\n<\/div>\n<p>       President Donald Trump vowed four years ago to bring back the U.S. coal industry.<\/p>\n<p> That never h<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ened, as the <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2020\/10\/05\/us\/politics\/trump-coal-industry.html\" class=\"icon none\">New York Times<\/a> and the public radio program <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/www.alleghenyfront.org\/about\/\" class=\"icon none\">The Allegheny Front <\/a>each pointed out recently through in-depth looks at coal country since Trump\u2019s 2016 election. <\/p>\n<div class=\"paywall\">\n       Now as the Nov. 3 presidential election draws nearer, Wall Street has been examining what a potential shift in power in Washington might mean for the U.S. energy sector. <\/p>\n<p>Despite the Trump administration\u2019s oil-and-gas friendly policies,  including its push to <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/www.brookings.edu\/policy2020\/votervital\/what-is-the-trump-administrations-track-record-on-the-environment\/\" class=\"icon none\">open up public lands<\/a> for exploration and slashing of environmental protections, the shift away from fossil fuels is already well underway.<\/p>\n<p>BlackRock<br \/>\n        BLK,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/207946232\/composite\" class=\"positive\">+1.90%<\/bg-quote><span>,<\/span><br \/>\n       the world\u2019s largest asset manager, on Monday underscored how a potential White House win by former Vice President Joe Biden and Democrats taking control of the Senate could accelerate the move by the U.S. toward cleaner power sources.<\/p>\n<p>But first, here\u2019s their chart showing how coal already has been declined since early 2000, in terms of powering the U.S. electricity grid.<\/p>\n<div data-layout=\"inline\n              \" data-layout-mobile=\"\" class=\"\n        media-object\n        type-InsetMediaIllustration\n          inline\n  article__inset\n        article__inset--type-InsetMediaIllustration\n          article__inset--inline\n  \"><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        renoImageFormat-\n        img-inline\n        article__inset__image\n      \" itemscope itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<div style=\"padding-bottom:68.20312500000001%;\" data-mobile-ratio=\"68.20312500000001%\" data-layout-ratio=\"68.20312500000001%\" data-subtype=\"\" class=\"image-container  responsive-media article__inset__image__image\">\n        <img decoding=\"async\" srcset=\"https:\/\/images.mktw.net\/im-241005?width=140&amp;size=1.4662084765177548 140w,\nhttps:\/\/images.mktw.net\/im-241005?width=540&amp;size=1.4662084765177548 540w,\nhttps:\/\/images.mktw.net\/im-241005?width=620&amp;size=1.4662084765177548 620w,\nhttps:\/\/images.mktw.net\/im-241005?width=700&amp;size=1.4662084765177548 700w,\nhttps:\/\/images.mktw.net\/im-241005?width=860&amp;size=1.4662084765177548 860w,\nhttps:\/\/images.mktw.net\/im-241005?width=1260&amp;size=1.4662084765177548 1260w\" sizes=\"(max-width: 140px) 100px,\n(max-width: 540px) 500px,\n(max-width: 620px) 580px,\n(max-width: 700px) 660px,\n(max-width: 860px) 820px,\n1260px\" src=\"https:\/\/images.mktw.net\/im-241005?width=620&amp;size=1.4662084765177548\" data-enlarge=\"https:\/\/images.mktw.net\/im-241005?width=1260&amp;size=1.4662084765177548\" alt=\"\" title=\"Coal's diminished role since 2000\"><\/div><figcaption class=\"wsj-article-caption article__inset__image__caption\" itemprop=\"caption\">\n<h4 class=\"wsj-article-caption-content\"><span class=\"ez-toc-section\" id=\"Coals_diminished_role_since_2000\"><\/span>Coal&#8217;s diminished role since 2000<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>      <span class=\"wsj-article-credit article__inset__image__caption__credit\" itemprop=\"creator\"><br \/>\n            BlackRock Investment Institute, U.S. Energy Information Administration<br \/>\n          <\/span><br \/>\n  <\/figcaption><\/figure>\n<\/div>\n<p>       It also shows that the share of electricity generated by renewable sources rose to 17% in 2019 from 10% in 2010.<\/p>\n<p>\u201cA Democratic sweep could accelerate the decarbonization of the power sector, by extending and expanding tax credits for renewable power  sources and other zero-carbon industrial sources such as carbon sequestration,\u201d wrote a BlackRock Investment Institute team led by Mike Pyle, global chief investment strategist. <\/p>\n<p><strong>Read<\/strong>:  Here\u2019s where Trump and Biden stand on climate change <\/p>\n<div id=\"cx-membership-tile\"><\/div>\n<p>Specifically, they noted Biden\u2019s near $2 trillion<a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/joebiden.com\/climate-plan\/#\" class=\"icon none\"> Green New  Deal<\/a> proposal aims to significantly slash emissions in the transport sector and to retrofit commercial and municipal buildings to increase their energy efficiency by 2050.<\/p>\n<p>Even without a united \u201cblue\u201d government in power, Pyle\u2019s team still sees plenty that could happen under a Biden win on the regulatory front, including crack downs on drilling and pipeline permits that could hamper U.S. shale supply and increase oil prices, particularly once demand returns as the U.S. overcomes the COVID-19 pandemic.<\/p>\n<p><strong>Related<\/strong>:  Global case tally tops 35 million and deaths exceed 1 million, while Trump says \u2018don\u2019t be afraid of COVID\u2019<\/p>\n<p>\u201cYet any spike in oil prices may not be sustained given the prospect of an accelerating shift to clean energy in the transport sector,\u201d the BlackRock team wrote. <\/p>\n<p>Oil futures rose Monday, with the U.S. benchmark West Texas Inter<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a>te crude for November delivery\u00a0<br \/>\n        CLX20,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/209726999\/delayed\" class=\"positive\">+0.17%<\/bg-quote><br \/>\n      \u00a0adding $2.17, or 5.9%, to settle at $39.22 a barrel on the New York Mercantile Exchange, following losses in the past two sessions. <\/p>\n<p>But with oil prices trading below $40 a barrel, it remains unclear how many U.S. shale companies can survive over the long haul, even with pandemic-era support. <\/p>\n<p>Embattled U.S. oil-and-gas companies have borrowed a record $100 billion in the corporate bond market since the Federal Reserve announced its plans to buy corporate debt for the first time in history to offset pandemic shocks, according to<a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/prismic-io.s3.amazonaws.com\/bailout\/1b1e1458-bbff-49bc-a636-f6cbd47a88af_Big+Oils+Billion+Dollar+Bender.pdf?utm_campaign=Bailout&amp;utm_medium=email&amp;_hsmi=96392799&amp;_hsenc=p2ANqtz-_h8RBztwwKvTnFotvHI-REuxW2WvCYoJFZlapH-jdqcE9eGtNG4pwz88S9N8Z78tk9PFF2u5RhkXc7NPhRgrEugSBMbzHvfZqKjVGo9maZdXZGnxQ&amp;utm_content=96392799&amp;utm_source=hs_email\" class=\"icon none\"> a report from BailoutWatch<\/a> and two other nonprofits.<\/p>\n<p>\u201cSome companies might not have survived had the Fed failed to restore market liquidity,\u201d according to the report.<\/p>\n<p>As the presidential race enters its final weeks, it also is worth noting that investors have grown increasing comfortable betting on companies promising to be part of a more climate-friendly future.<\/p>\n<p>Electric car maker <strong>Tesla Inc<\/strong>.<br \/>\n        TSLA,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/203558040\/composite\" class=\"positive\">+2.55%<\/bg-quote><br \/>\n       shares closed up 408.8% on the year to date Monday.<\/p>\n<p>Mark Haefele, chief investment officer at UBS Global Wealth Management, pointed out that Florida-based solar and wind power generator <strong>NextEra Energy<\/strong><br \/>\n        NEE,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/200558509\/composite\" class=\"positive\">+2.39%<\/bg-quote><br \/>\n       nearly surpassed <strong>ExxonMobil<\/strong>\u2018s<br \/>\n        XOM,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/204455864\/composite\" class=\"positive\">+2.30%<\/bg-quote><br \/>\n        stock market value on Friday to become the largest U.S. energy company.<\/p>\n<p>NextEra shares settled 18.9% higher on the year to date Monday, giving it a $141 billion market capitalization, according to FactSet data. Exxon shares were 51.7% lower for the same period, putting it at a slightly higher $142.7 billion market cap.<\/p>\n<p>\u201cThis does, in our view, underline the multiyear shift from traditional toward renewable energy, one that will continue in the decades<br \/> ahead,\u201d Haefele wrote in a note Monday. <\/p><\/div>\n<\/div><\/div>\n<p><\/p>\n<div class=\"byline article__byline\">\n<p>      <span>By<\/span><\/p>\n<div class=\"author  hasMenu\" data-scrim='{\"type\":\"author\",\"header\":\"Joy Wiltermuth\",\"subhead\":\"The Wall Street Journal\",\"list\":[]}' itemscope itemprop=\"author\" itemtype=\"http:\/\/schema.org\/Person\">\n<h4 itemprop=\"name\"><span class=\"ez-toc-section\" id=\"Joy_Wiltermuth\"><\/span>Joy Wiltermuth<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/p><\/div>\n<\/div>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener noreferrer\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"http:\/\/www.marketwatch.com\/news\/story.asp?guid=%7B21004575-02D4-D4B5-4572-D6528D3EF228%7D&#038;siteid=rss&#038;rss=1\" target=\"_blank\" rel=\"noopener noreferrer\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Wall Street sees Biden win speeding U.S. shift to clean energy &#8221; Investors are already betting on cleaner companies. Just look at Tesla Electric energy generating wind turbines near Palm Springs, Calif. David Mcnew\/Agence France-Presse\/Getty Images President Donald Trump vowed four years ago to bring back the U.S. coal industry. That never happened, as&#8230;<\/p>\n","protected":false},"author":1,"featured_media":82568,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[],"class_list":["post-82567","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/82567","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=82567"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/82567\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/82568"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=82567"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=82567"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=82567"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}