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Old 02-18-2018, 08:31 PM   #617
Sugar Will '04
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Join Date: Jun 2005
Location: Dallas, TX
Posts: 8,680
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.
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.
“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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