Trump's return to power sparks sweeping business and corporate green reset

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Trump's return to power sparks sweeping business and corporate green reset

//business-finance.news-articles.net/content/202 .. sweeping-business-and-corporate-green-reset.html

Published in Business and Finance on Monday, January 20th 2025 at 13:01 GMT by MSN
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Six of the largest United States banks and the Federal Reserve have pulled out of green energy initiatives ahead of President-elect Donald Trump's inauguration. On Friday, the Federal Reserve left a global climate risk group that studied climate change risk.

- Click to Lock Slider

The article from MSN discusses the potential impact of Donald Trump's return to power on businesses and corporate environmental policies. It suggests that Trump's previous term was marked by deregulation and a rollback of environmental protections, which could lead to a significant shift in corporate strategies if he were to be re-elected. Businesses might anticipate a relaxation of green regulations, possibly leading to a decrease in investments in sustainable practices and a pivot towards more traditional, less environmentally friendly business models. The article highlights concerns from environmental groups and progressive business leaders about a potential "green reset" where companies might scale back on their commitments to reduce carbon emissions and other sustainability goals in favor of short-term profits. However, it also notes that some businesses might continue with their green initiatives due to consumer demand and long-term strategic planning, despite potential policy changes.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/trump-s-return-to-power-sparks-sweeping-business-and-corporate-green-reset/ar-AA1xx6YA ]