Quote:
Originally Posted by Big Bullish
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.