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Green energy stocks fall back to levels last seen 5 years agowww.ft.com/content/c9280df5-eaa6-4bbe-a36e-6fe908fba0f5
223 sats \ 6 comments \ @Coinsreporter 16 Mar Stacker_Stocks
Non Paywalled: https://archive.is/xRLak
After peaking in early 2021, the S&P Global Clean Energy Index started to fall steadily as interest rates rose, with clean energy projects particularly vulnerable to higher borrowing costs due to high upfront costs.
The climate propoganda that made them soar once is now coming to an end it seems.
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20 sats \ 3 replies \ @BlokchainB 16 Mar
Damn you are no better off today than you were 5 years ago buying these stocks
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50 sats \ 2 replies \ @Coinsreporter OP 16 Mar
Clean energy is a bullshit, so no surprises! Better stay away from any such.
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20 sats \ 1 reply \ @BlokchainB 16 Mar
It’s okay as a supplement but for a main power source it has significant flaws
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132 sats \ 0 replies \ @Coinsreporter OP 16 Mar
It's a good point. We def need them like we have a small battery in a car with combustion engine but to run the whole car on batteries is meaningless. It neither saves money, nor it is clean energy.
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0 sats \ 1 reply \ @mrtali 16 Mar
Then u can predict their next move already. For sure smart money is preparing to buy.
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0 sats \ 0 replies \ @Coinsreporter OP 16 Mar
Not in Trump's time. Trump is no fan of advocating for clean energy, so I don't see smart money coming into these stocks.
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