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Trump win could be good news for Australian energy transition

Angela Macdonald-Smith
Angela Macdonald-SmithSenior resources writer

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Australian energy transition projects could get an unexpected boost under a second Trump administration, as any pullback in funding for the Inflation Reduction Act would help redirect capital back here.

Delegates at the Australian Financial Review Infrastructure Summit heard suggestions from several speakers that international investors could refocus their attention on other markets should the Biden administration’s subsidies for transition investments – estimated to worth more than $US1 trillion ($1.52 trillion) in total – be wound back.

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Angela Macdonald-Smith writes on the resources industry with a focus on energy, including gas, oil, electricity and renewables. Connect with Angela on Twitter. Email Angela at amacdonald-smith@afr.com

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