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Bullboard - Stock Discussion Forum FormerXBC Inc XEBEQ

Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification,... see more

GREY:XEBEQ - Post Discussion

FormerXBC Inc > Green energy.. unstoppable trends
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Post by bmbruce on Jun 11, 2021 5:56am

Green energy.. unstoppable trends

Green energy.. unstoppable trends From green energy to cybersecurity, Citi names unstoppable trends that investors can jump on.... ....Alternative and green energy are very productive right now, said Ken Peng, head of investment strategy for Asia-Pacific at Citi Private Bank, during a virtual media briefing on Wednesday. David Bailin, chief investment officer at Citi Global Wealth, also said investors especially younger ones will place an enormous emphasis on sustainable and responsible investing in the next five to 10 years..... ....Alternative and green energy are very productive right now where global trends are concerned, said Ken Peng, head of investment strategy for Asia-Pacific at Citi Private Bank, during a virtual media briefing on Wednesday..... Governments from around the world from China to Europe to US are focusing on sustainable development and they are putting money where their mouths are, he said. But the sector ran a little too hot in 2020, as investors went in with borrowed money, he said. In the months since January, investors got out of their positions and that market fell 40% by May..... ...Now, he said, I think this presents a very interesting opportunity to get on the bus for this trend that is likely to be with us for a good part of the next decade. David Bailin, chief investment officer at Citi Global Wealth, also said that over the next five to 10 years, investors especially younger ones will place an enormous emphasis on sustainable and responsible investing, and not just focus on profits. ...They will look at how companies treat the environment, employees, and even politics will form part of their investment decision, he told CNBC on Tuesday.... ...He said the most important will be the unstoppable trends like climate change and social justice, including providing equal access to education and technology. All of those are areas that I think are going to have unusual growth in the next five to 10 years, said Bailin, who is also the firms global head of investments. So these two things will converge and I think, create an opportunity for investors to make money by doing good. Such investments, known as environmental, social and governance (ESG) investing, are on the rise. Last month, BlackRock told CNBC that ESG investments could reach $1 trillion by 2030. ..." https://www.cnbc.com/2021/06/11/citi-on-esg-investments-green-energy-renewables-cybersecurity.html?
Comment by HonestAl on Jun 11, 2021 3:00pm
Green energy.. unstoppable trends BMbruce.....thanks for the info/link.  Regardless of what happens with fossil fuels, renewables, Sleepy Joe or Trudope, if we took the time to chat with 16-25 year olds, we would hear they are NOT going to let this move towards renewables and (in their opinion) next to zero oil end with the election of this politician or that politician.   My ...more  
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