Roman Dashko’s Post

The 2024 elections across various nations are poised to significantly impact energy policies and the transition to clean fuels. In the UK, the Labour Party, under Keir Starmer, has ended long-standing Conservative rule and is pushing for a carbon-free power grid by 2030, which will benefit developers of renewable energy but challenge oil and gas sectors with new policies such as ending exploration licenses and extending windfall taxes. In France, political gridlock threatens to delay large-scale energy investments, including plans for new nuclear reactors and renewable energy plants, potentially stalling the energy transition needed for sectors like electric vehicle battery production and steel decarbonization. South Africa, after a shift in government, is expected to accelerate its transition away from coal, favoring private energy projects that could outcompete state power, although economic constraints could limit the reach of these changes. In Mexico, Claudia Sheinbaum’s administration might increase state involvement in the energy sector but is looking to balance this with public-private partnerships to boost investment in renewables. Lastly, the upcoming U.S. elections could reshape energy policy significantly, with potential Republican gains threatening to roll back incentives for clean energy, whereas a Democratic victory could enhance support for renewables and impose stricter regulations on fossil fuels.

It's concerning to see how wind and solar power companies have become major tax dodgers, benefiting for decades from substantial federal subsidies while contributing minimally to income taxes. 🌬️☀️ As renewable energy subsidies are projected to reach staggering amounts over the next decade, it's disheartening to witness such substantial investments yielding little progress, as fossil fuels and nuclear power continue to dominate the energy landscape. 💸💡 As governments desire a minimum 15 percent corporate income tax, the exemption of the green energy lobby from minimum corporate tax requirements raises questions about fairness and accountability in our tax system. 🤔 Amidst climate change concerns, financial interests often take precedence. Ensuring transparency and responsible stewardship of taxpayer funds are also needed for a cleaner, sustainable future. 🌍💼 #RenewableEnergy #TaxPolicies #FinancialAccountability #ClimateChange #Sustainability 🌱

What the history-making elections of 2024 could mean for energy A new government in the UK, gridlock in France and the dramatic face-off in the US will have consequences for investment and the transition to clean fuels Summary: The 2024 elections in major countries, including the United Kingdom, France, South Africa, Mexico, and the United States, could significantly impact global energy policies and investment trajectories. In the UK, the Labour Party's victory signals a strong push towards a carbon-free power grid by 2030, with substantial implications for renewable energy developers, though oil and gas sectors may face challenges. France's political gridlock could stall critical energy projects, particularly in nuclear and renewables, creating uncertainties for the energy transition. South Africa's coalition government presents opportunities for clean energy developers but also raises concerns about the stability of energy policies. Mexico’s new administration, under Claudia Sheinbaum, is expected to continue state control over energy while cautiously encouraging private investment in renewables. Finally, the US elections will determine the future of tax incentives for clean energy, with a Trump victory likely favoring oil and gas, while a Democratic win would further the transition to low-emission technologies. #2024Elections #EnergyTransition #RenewableEnergy #ClimatePolicy #GlobalEnergy https://lnkd.in/g5_2mX_T

Great pick to send the energy sector on the right course.

5 things Donald Trump would most likely do regarding the energy sector if he becomes president! He consistently emphasized energy independence and deregulation as key components of his energy policy. If he were to become president again, his approach would likely include: 1- Increased Fossil Fuel Production: Trump has been a strong advocate for expanding oil, natural gas, and coal production. He has previously lifted restrictions on federal leasing for coal production and promoted more oil and gas drilling 2- Deregulation: Trump has aimed to reduce regulations that he believes hinder energy production. This includes rolling back environmental regulations and easing restrictions on fossil fuel industries 3- Opposition to Renewable Energy Subsidies: Trump has criticized subsidies for renewable energy, arguing that they distort energy markets. He may seek to reduce or eliminate these subsidies to promote an “all-of-the-above” energy policy 4- Energy Independence: A key goal of Trump’s energy policy is to make the U.S. energy independent, reducing reliance on foreign energy sources 5- Support for Traditional Energy Jobs: Trump has often highlighted the importance of jobs in traditional energy sectors, such as coal mining and oil drilling, and would likely continue to support these industries The overall outcome of the next four years would not be in favour of the environmental policies. Fossil fuel dependent companies will produce more and as a result prices of oil will drop. This is my personal analysis based on what we already know about Trump and what he did and said in the past. #trump #potus #usa #biden #republicans #democrats #elections #united #states #america

Does it matter who wins the Presidential election for energy investors? SVP Ted Gardner explores the legislative and regulatory changes we may see for the energy industry under both Harris and Trump presidencies. He believes the sector’s core focus on capital discipline won’t change, no matter who wins. While Trump might renew Iran sanctions and oppose the IRA, excess global capacity could offset impacts, and any fracking ban is unlikely. Expect continued support for renewables from Harris, but either way, permitting reform remains essential. Watch the video for more: https://bit.ly/3AN7FN7 #PresidentialElections #Energy #EnergyRegulation

Does it matter who wins the Presidential election for energy investors? SVP Ted Gardner explores the legislative and regulatory changes we may see for the energy industry under both Harris and Trump presidencies. He believes the sector’s core focus on capital discipline won’t change, no matter who wins. While Trump might renew Iran sanctions and oppose the IRA, excess global capacity could offset impacts, and any fracking ban is unlikely. Expect continued support for renewables from Harris, but either way, permitting reform remains essential. Watch the video for more: https://bit.ly/4cRyux1 #PresidentialElections #Energy #EnergyRegulation

Does it matter who wins the Presidential election for energy investors? SVP Ted Gardner explores the legislative and regulatory changes we may see for the energy industry under both Harris and Trump presidencies. He believes the sector’s core focus on capital discipline won’t change, no matter who wins. While Trump might renew Iran sanctions and oppose the IRA, excess global capacity could offset impacts, and any fracking ban is unlikely. Expect continued support for renewables from Harris, but either way, permitting reform remains essential. Watch the video for more: https://bit.ly/3ARaL2V #PresidentialElections #Energy #EnergyRegulation

Does it matter who wins the Presidential election for energy investors? SVP Ted Gardner explores the legislative and regulatory changes we may see for the energy industry under both Harris and Trump presidencies. He believes the sector’s core focus on capital discipline won’t change, no matter who wins. While Trump might renew Iran sanctions and oppose the IRA, excess global capacity could offset impacts, and any fracking ban is unlikely. Expect continued support for renewables from Harris, but either way, permitting reform remains essential. Watch the video for more: https://bit.ly/3XcAhqT #PresidentialElections #Energy #EnergyRegulation

Things are moving fast in DC! Here's an excellent article from Nick Loris on what the election of Sen. John Thune (R-SD) as Senate Majority Leader means for American energy. (Hint: It's good news) #energy #energyabundance #energypolicy #economicfreedom #cleanenergy #climatechange #alloftheabove