According to The Wall Street Journal reports, Kamala Harris, Vice President may likely win the November election. She focuses on attaining solar energy for the nation’s long-term energy supply.
Meanwhile, Donald Trump, former President supports boosting the oil and gas production boom in the U.S. He is keeping out US from a Paris Agreement on climate change.
“We expect a near-term bounce towards Vice President Harris following the first debate with former President Trump, but the longer-term impact remains unclear,” Raymond James analyst Ed Mills told clients in a note late Tuesday night.
After Tuesday’s debate, investors believe that Harris will win the election and continue to buy stocks of clean energy. This resulted in solar stocks gain and fall in Trump Media & Technology Group Corp. under DJT.
In the following debate, Trump said, “Fossil fuel will be dead” if Harris wins in November.” He continued, “We’ll go back to windmills and we’ll go back to solar, where they need a whole desert to get some energy to come out,” Trump said. “You ever see a solar plant? By the way, I’m a big fan of solar.”
In response, Harris stated, “I am proud that as vice president over the last four years, we have invested a trillion dollars in a clean energy economy while we have also increased domestic gas production to historic levels.”
Furthermore, the following chart shows how the investors support Harris’s decision to increase solar energy.
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