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Wall Street And The Energy Transition

12 Mar 2023 | Abstracted from Seeking Alpha

"At the end of the day, an investor must have a grasp of the longer-term view before they can deal with the short-term noise...This isn't about taking a Pro or Con stance on the green new deal. It's about the reality of what is going to have to transpire to achieve any decarbonization goals.

"To encourage the green transition, governments will have to reduce fossil fuel subsidies and introduce policies that decrease the incentive for companies to add new 'supply'."

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