Investors see green returns as renewable energy rises
By DAMIAN J. TROISEJanuary 26, 2021 GMT
The future looks bright for solar and other renewable energy technology.
FirstSolar, Enphase and SunPower are among the renewable energy stocks that are benefiting from a much friendlier administration in the White House, whose agenda includes tackling climate change and bolstering green energy. Their stocks soared last year, far outpacing the wider market’s gains.
On his first day in office, President Joe Biden rejoined the 2015 Paris climate agreement, revoked a permit for the Keystone XL oil pipeline and halted oil and gas leasing in Alaska’s Arctic National Wildlife Refuge.