Renewable Energy Stocks Drop to Five-Year Lows ...Middle East

OILPRICE - Economy
Renewable Energy Stocks Drop to Five-Year Lows
source : OILPRICE ( Middle East ) () 47
Investors are increasingly bearish on renewable energy stocks with green indexes down to five-year lows, as the Trump Administration’s energy policy is chilling the low-carbon energy markets. Although it was up by 2% year to date as of Monday morning, the S&P Global Clean Energy Transition Index (INDEXSP: SPGTCLEN) has lost 13.5% in the past year. The sell-off in renewable energy stocks – already battered by higher costs in a high-inflation environment – intensified after November when U.S. President Donald Trump was elected.…

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