At the mouth of New York’s Hudson River, Norwegian oil and gas producer Equinor is building the largest US port for offshore wind, and a potential monument to America’s energy future — or its past. As Americans brace for one of the closest presidential elections in the nation’s history, investors and executives alike have been parsing campaign statements for which industries stand to gain or lose the most in the next administration.
A Harris presidency would resemble policies set by the Biden administration, increasing scrutiny of banks, Big Tech, and pharmaceutical companies, and continuing the implementation of the IRA and rules to curb emissions. “I’ve been unapologetic about who we’re supporting,” said Sheldon Kimber, chief executive of renewables developer Intersect Power, who introduced Harris at a fundraiser earlier this year.