A year after President Joe Biden s significant climate legislation pledged substantial funding for the U.S. s transition to clean energy, the sector has seen a sharp $30 billion decline in the value of its stocks over the past six months.
(Bloomberg) The selloff that’s ripped through green stocks looks set to continue into 2024, bringing a fourth consecutive year of losses, according to Bloomberg’s latest Markets Live Pulse survey.Most Read from BloombergRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeChina Says Multiple Pathogens Are Behind Spike in Respiratory IllnessesSodium in Batteries: Shift May Herald Another ShakeupIsrael, Hamas Look to Extend Truce After More Hostages Are FreedMarkets Cheer as Milei Dro
/PRNewswire/ AXS Investments, a leading asset manager providing access to alternative investments for growth, income and diversification, today announced.
Solar energy stocks have been hammered over the last few months as investors sold off growth stocks and rising interest rates put pressure on the returns that solar projects may generate over the long term.