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US President Trump's promises of tax cuts and deregulation sparked a rally in financials. Photo: Gage Skidmore/Creative Commons CC BY-SA 2.0
Concerns over US President Donald Trump's effect on low carbon-related industries appear to have been overplayed, as MSCI's low carbon indices have outperformed their counterparts since his US election victory last November.
Throughout his election campaign, Trump said he would "cancel" the Paris Agreement and US Climate Action plans, stop US support for UN global warming programmes, while advocating wanting to "save" the...
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