Follow The Money! Savvy Investors Known Renewables Are The Future. - CleanTechnica

The article highlights the growing recognition among savvy investors that renewable energy is essential for the future, particularly in supporting the United States' economic growth and technological development. Chuka Umunna, JPMorgan’s global head of sustainable solutions, emphasized that the US will inevitably need to incorporate wind and solar energy to meet its energy demands, despite current government policies that are canceling renewable projects in favor of nuclear power. The article criticizes this government stance, pointing out the long lead times and high costs associated with nuclear plants, and the flawed utility business model that incentivizes excessive spending without necessarily benefiting consumers. JPMorgan CEO Jamie Dimon also underscored the importance of investing in sectors that enhance US economic security and resilience, such as battery storage and grid infrastructure, which are critical to supporting renewable energy. Dimon stressed the urgent need to reduce reliance on foreign sources for critical minerals and manufacturing, framing this shift as a commercial imperative rather than philanthropy. Meanwhile, major investment firms like Brookfield are demonstrating