The ESG Bubble Has Finally Burst ...Middle East

OILPRICE - Economy
The ESG Bubble Has Finally Burst
source : OILPRICE ( Middle East ) () 25
Back in January, we warned that the green energy sector was in danger of overheating after massive runups by clean energy stocks in 2020. The momentum remained strong early in the year after Joe Biden ascended into the Oval Office in hopes that his ambitious clean energy plan would be a tailwind for investors in the so-called sustainable or ESG funds. It was not long, however, before cracks began to appear in the clean energy bull camp. After emerging as the hottest corner in the clean energy universe in 2020, solar stocks began to let off steam…

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