RE:Ummm, Jeff, new 52 week low?Dunworkin2 wrote: Can't say i'm surprised, any green or climate related business has become passe. Germany back to burning coal. The world just don't care right now. BTW, I watched about the first 10 minutes of your investor presentation with Bristol. Had to shut it off, same blah, blah, blah, and c'mon Jeff, do you not know the background of your CFO? Must have been a seniors moment. Good luck to us long suffering longs here. We need all the luck we can muster for this dumpster fire. Not getting any love.
What is happening in Germany or Europe is mainly caused by the war in Ukraine and this is temporary... But to think that the effects caused by climate change are no longer a priority would be a serious mistake.
Here is an article recently published in "La Presse" and be sure that this is only the tip of the iceberg:
Neil Cunningham, CEO of PSP Investments, the Montreal institution that manages the assets of federal public servants' pension plans — which today reach $230 Billion — is more concerned about climate change and its impact on human activity and economic than by the current stock market storm.
By 2026, we will increase from $45 Billion to $70 Billion our green or transition assets to reduce the carbon intensity in our portfolio. We issued our first $1 Billion 10-year green bond in February to fund projects that have positive environmental impacts. There will be several more.