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Old 01-06-2021, 10:36 AM
 
481 posts, read 190,760 times
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Quote:
Originally Posted by lchoro View Post
The main reason they're changing over is the cost curve has crossed over for the fuels and it will keep going lower over the long run. The investment costs are what are keeping them from changing over.
Have you looked at how clean energy plays have outperformed dinosaur energy plays in 2020?
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Old 01-06-2021, 12:19 PM
 
18,116 posts, read 15,696,543 times
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The oil companies themselves have been investing in green energy technology and research for decades already. It's no secret that alternative energy sources are the future. To pretend otherwise is to be deeply in denial.

If dinosaur energy companies understand they need to hedge their bet and plan for the future (and they do), it's time for the little investors to accept that too.
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Old 01-06-2021, 01:03 PM
 
12,022 posts, read 11,581,758 times
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Quote:
Originally Posted by Big Bullish View Post
Have you looked at how clean energy plays have outperformed dinosaur energy plays in 2020?
You're confusing the stock price with the economic underpinnings for an industry. You don't seem to know anything about the industries, just the stock price and the news. Even if the stocks fall in price substantially, that doesn't change the economic facts behind the change in energy sources. It would actually accelerate the change since it would lower costs. Seeing that already for oil & gas as the price of oil is now nearly 20 percent above the price to profitably drill many of the existing formations.
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Old 01-06-2021, 09:01 PM
 
481 posts, read 190,760 times
Reputation: 168
Quote:
Originally Posted by lchoro View Post
You're confusing the stock price with the economic underpinnings for an industry. You don't seem to know anything about the industries, just the stock price and the news. Even if the stocks fall in price substantially, that doesn't change the economic facts behind the change in energy sources. It would actually accelerate the change since it would lower costs. Seeing that already for oil & gas as the price of oil is now nearly 20 percent above the price to profitably drill many of the existing formations.

I'm not confusing anything. I am looking at clean energy funding accelerating and especially with this new blue wave back it. The rocketing stock prices are a reflection of this.
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