News Analysis
The year 2022 was one of energy upheaval. In the long run, analysts expect this to work in favour of clean energy, but for now those stocks are taking it on the chin.
For two straight years, oil and gas has been the best-performing sector in the stock market, but despite the billions governments are pumping into the green transition, “cleantech” stocks have fallen precipitously for two straight years.
Cleantech encompasses more than just renewable energy. It also includes companies that are perceived to benefit from the transition toward clean or renewable energy and those that are reducing or eliminating the environmental impacts of their operations….