GREY:XEBEQ - Post by User
Comment by
tony08on Mar 24, 2022 10:17am
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Post# 34541112
RE:Haven't You People Been In The Wrong Energy Sector......?
RE:Haven't You People Been In The Wrong Energy Sector......?AlwaysLong683 wrote: Oil E&P companies have produced monster returns over the past 12 months.
Invest in a sector like small cap renewables too early with the speculative rising share prices followed by reality-check huge drops in share prices and you have a lot of ground to make up in trying to catch the fossil fuel stocks.
Did anyone think profitable fossil fuel investing was already dead........?
Yes, I believe the world will eventually ween itself off fossil fuels in favor of renewables, but I think the transition will be a lot slower than most fans of renewables think.
You're investing in fossil fuels and you're making big profit these days......Well done, you must be so proud.
Now, with all your profits, why don't you buy yourself a conscience and think about the disaster you're gonna leave to your kids and grandkids.
If everyone stopped encouraging the fossil fuel sector, the changes to green energy would happen even faster. God knows that we are already far behind in saving this increasingly sick planet.