Evolving policy approaches to climate change, energy supply, and affordability will have significant implications for investors and companies in the US and Europe in 2023.
WASHINGTON, Jan. 23, 2023 /PRNewswire/ -- Capstone LLC is sharing its annual outlook on the most underappreciated policy developments that will play a big role in how 2023 shapes up for investors and companies in the Energy and Renewables sectors.
Capstone believes the policy backdrop for energy will become increasingly favorable at the state, federal, and global levels in 2023 amid concerns about climate change, energy reliability, and affordability.
In the US, Capstone believes federal and state regulators will prioritize continued reductions in CO2 emissions from the transportation, industrial/residential heating, and power sectors through clean energy mandates and standards. We believe this trend will increase demand for low-carbon energy.
We expect a strengthening and proliferation of state programs incentivizing clean fuels like renewable natural gas in the transportation and utility sectors. We also expect new state-level incentives for electric vehicles will emerge, and states will increasingly focus on green building materials.
At the federal level, we expect the Biden administration to move forward with rules to reduce emissions from the power sector and increase investment in novel carbon capture technologies, all while taking environmental justice concerns into account.
While Western policymakers have prioritized decarbonization over fossil fuel production, globally we expect a tech-neutral approach to energy security and climate change will emerge.
Please access the following links to read Capstone's outlook on developments for 2023:
Capstone
For more information contact Daniel Kruger Phone at (202) 350-4700 or E-mail: [email protected]
Capstone is a leading global policy analysis and regulatory due diligence firm with locations in Washington, DC, London, and Sydney. As developments in Washington, London, Brussels, and other centers of government become more crucial to investment strategies, legislation, regulatory reforms, and new federal oversight are affecting industries in evolving ways. We advise institutional investors and companies on how changes in state, federal, and international policy impact investments. Capstone has established leading coverage of public policy investments affecting financial and business services, energy and environment, healthcare, TMT, and more. Our professionals analyze policy to uncover risks, opportunities, and, along the way, unique business, and investment strategies for our clients.
SOURCE CAPSTONE LLC
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