Environment & Energy Report

Clean Energy Is Trouncing Oil, Gas and Coal in Trump Era

July 18, 2017, 1:22 PM

President Donald Trump took office vowing to revive the coal industry’s fortunes. So far, the smart money has been on clean energy.

An index of 40 publicly-traded solar companies, wind-turbine component makers and others that benefit from reduced fossil fuel consumption is up 20 percent this year. That’s more than double the S&P 500’s 9.8 percent gain. And better than the 8.3 percent rise by an index of leading coal companies.

The eco-friendly stock rally—which comes as oil and natural gas-focused shares have dipped—stems from a constellation of factors, including a Nevada law to boost rooftop solar, China’s mass-transit policy...

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