Renewable energy stocks have been very popular in the year 2020 and their popularity continues to increase in 2021. The newly elected president of the United States Joe Biden is a big supporter of renewable energy resources and has big plans for the clean energy sector. Biden administration has pledged to invest $2 trillion into the development of renewable energy technology over the next four years. Biden plan on making America a net-zero-emissions country by 2050. As a result of Biden’s plans towards a renewable energy sector, major oil and gas projects in Alaska were pulled back.