JPMorgan Says US Risks Missing Energy Goals Without Wind, Solar

Oct. 14, 2025, 5:11 PM UTC

The US will struggle to generate the energy it needs to power growth in its tech industry without including wind and solar, according to JPMorgan Chase & Co.’s global head of sustainable solutions.

“It’s difficult to conceive of a situation in which they won’t need to tap into those sources of energy,” JPMorgan’s Chuka Umunna said in an interview with Bloomberg Television’s Tom Mackenzie ahead of the BNEF Summit in London on Tuesday.

Chuka Umunna in London, on Oct. 14.
Photographer: Andrew Baker/Bloomberg

US President Donald Trump has called renewable energy a “joke” and singled out wind turbines as “pathetic,” in a recent address at the United Nations. ...

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