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Old 02-18-2018, 08:31 PM   #617
ggies
Sugar Will '04
 
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Join Date: Jun 2005
Location: Dallas, TX
Posts: 8,406
A little light Sunday night reading -

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The largest 200 companies that generate at least 10 percent of their revenues from clean energy have generated a total return of 32.1 percent in the past year-and-a-half, compared to just 15.7 percent for fossil fuel companies in the S&P 1200 Global Energy Index.
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Part of the dim outlook for oil and gas stocks, the report argues, is that investors are looking over the horizon and are starting to see the long-term decline of the fossil fuel era.
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“Oil & gas are stuck in a lose-lose situation, if oil prices go up then demand shifts to renewables, if oil prices go down they cannot make a profit, their reserves cannot be sanctioned, so they become stranded assets,” Behar said. “The great transition is inevitable.”
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