Technology10/14/2025Bloomberg

JPMorgan Says US Risks Missing Energy Goals Without Wind, Solar

JPMorgan Says US Risks Missing Energy Goals Without Wind, Solar

According to a report by JPMorgan Chase & Co., the United States may fall short of its energy goals if it does not prioritize the development of wind and solar power. The bank's global head of sustainable solutions, Kassie Rohrbach, stated that the US tech industry's energy requirements cannot be met solely through traditional energy sources, and the incorporation of renewable energy sources like wind and solar is crucial. The report highlights the importance of diversifying the energy mix to ensure the country's energy security and support the growth of the tech sector. JPMorgan Chase & Co. emphasizes that a balanced approach, including both renewable and traditional energy sources, is necessary to achieve the country's energy objectives. The report serves as a warning to policymakers and industry leaders, urging them to prioritize the development of wind and solar power to secure the country's energy future and support the tech industry's growth.

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