Last month, President Trump shocked the entire oil industry after extending the existing moratorium on oil drilling along Florida’s, Georgia’s and South Carolina’s coasts. The announcement marked a complete 180 from White House’s previous stance that sought to open up those areas to oil drilling and caught many industry officials, congressional aides, and lobbyists, who have been working on the same issue, completely off-guard. It also went contrary to the sentiment of voters in those regions–including the majority of Democrats– who say they are ‘‘ more likely to vote for a candidate who supports access to oil and gas produced in the U.S .’’ Under normal circumstances, Trump’s stance would have been a big win by the clean energy camp and environmentalists who have been opposed to drilling activity in threatened areas. Unfortunately, it turns out that the renewables energy sector will be just as severely impacted by the […]