Good green economy investment, returns surpass all sectors except high tech
2024/7/9 23:17 JST (some excerpts)
Green economy, returns over the past 10 years are 198% — LSEG
The transition of the global economy to low-carbon energy sources requires more than 100 trillion dollars
If companies that earn revenue from products and services contributing to reducing global warming gas emissions are considered as one industry group, the group's stock prices in the past 10 years have surpassed all sectors, excluding technology supported by breakthroughs in artificial intelligence (AI).
According to a report by the London Stock Exchange Group (LSEG), the so-called green economy has brought 198% of returns over the past 10 years. In particular, stock prices of companies focusing on energy management and efficiency have risen. Meanwhile, it is said that the “easiest to understand” renewable energy companies are “noticeably sluggish.”
The transition of the global economy to low-carbon energy sources requires more than 100 trillion dollars
If companies that earn revenue from products and services contributing to reducing global warming gas emissions are considered as one industry group, the group's stock prices in the past 10 years have surpassed all sectors, excluding technology supported by breakthroughs in artificial intelligence (AI).
According to a report by the London Stock Exchange Group (LSEG), the so-called green economy has brought 198% of returns over the past 10 years. In particular, stock prices of companies focusing on energy management and efficiency have risen. Meanwhile, it is said that the “easiest to understand” renewable energy companies are “noticeably sluggish.”
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
