With former U.S. President Donald Trump set to return to the White House, observers both within and outside of the country are waiting to see what he will do (or undo) in terms of climate policy. Afterall, as the world’s largest economy and a major emitter of emissions, the country plays a major role on the global stage – something representatives at the COP29 summit taking place in Baku, Azerbaijan this week will be acutely aware of, as they negotiate who should provide financial aid for low- and middle-income countries vulnerable to global warming.
If history is anything to go by, even domestically, U.S. investments into climate-friendly technologies were significantly lower under Trump than his successor and incumbent President Joe Biden. According to data compiled by the Clean Investment Monitor, investments into emissions-reducing tech are estimated to have reached around…
