Election Results and Analysis
In what was by all accounts a stunning upset, Donald Trump passed 279 electoral votes early Wednesday morning and secured an electoral college victory. Hillary Clinton conceded by a phone call to Trump sometime in the middle of the night. She delivered her concession speech just before noon on Wednesday.
While it is still very unclear what a Trump Administration cabinet and agency appointments will look like, we can safely assume they will have adverse implications for the Clean Power Plan, a number (if not all) of the clean energy and energy efficiency Executive Orders instituted by President Obama over the past 7 years, and international agreements like the Paris climate agreement.
There remain many strong industry leaders and elected officials who support of clean energy measures. Mr. Trump does not have a long track record on energy issues, and it remains to be seen the exact policy positions on energy issues that will be taken by a Trump Administration. Mr. Trump has also discussed a desire to invest in infrastructure.
The Trump administration will be able to pursue a different energy agenda, as both the House and Senate remain in Republican control. Vulnerable Senate Republicans were seemingly boosted by their GOP presidential nominee, and the Republican Party easily maintained its Senate majority (currently 51-45). So far, Democrats have had one pickup in Illinois with Tammy Duckworth (D). The race in New Hampshire between Kelly Ayotte (R, incumbent) and Maggie Hassan (D) is currently still too close to call.
Perhaps less surprising, Democrats failed to make substantial gains in the House. The GOP holds a 247-188 majority in the current Congress, and by Wednesday morning, Republicans had secured at least 240 seats for the next Congress, well above the 218 threshold for a majority.
Over the next couple days, HPC will review the results of the election in greater detail, meet with industry stakeholders, and will be providing a more in-depth analysis of how last night’s results could translate into challenges and opportunities for energy efficiency in 2017 and beyond.