Macro Insights Weekly - Wither green transition?

Under President Donald Trump, the US will push for a surge in energy production, particularly oil and gas, while neglecting renewables. Does this mark a major setback for green transition? We think not.
The world has made good progress toward decarbonisation in the past decade.
Already, about 30% of global electricity generation is by renewable energy technology.
The US is not the key player in renewables; that role is taken up by China and Europe.
There will be no change in either economy's green transition goals regardless the US's stance.
Green transition's outlook remains bright, with or without the US.