Reported 15 days ago
Evercore ISI's James West predicts that natural gas will emerge as a major energy winner as demands from AI data centers grow. While clean energy stocks have struggled following Trump's 2024 election win, West argues that the Inflation Reduction Act will continue to support investment in climate initiatives, particularly in red states. As the AI sector seeks to maximize energy efficiency, natural gas, with its existing infrastructure, is poised to play a crucial role in meeting future energy demands.
Source: YAHOO