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WindAction | Hedge fund manager Jampel stops shorting fossil fuel stocks

It’s the latest sign that investors are recalibrating as oil flirts with $100 a barrel, while green stocks get pummeled by a combination of higher borrowing costs and supply-chain bottlenecks. Sectors that were supposed to benefit from climate subsidies, such as solar and wind, are now being shorted by a number of hedge funds. Meanwhile, oil majors are doubling down on plans to expand their core business.

United statesJames jampelVladimir putinAntonio guterresUnited nationsSp global oil indexExxon mobil corpSp global clean energy indexWorld petroleum congressInternational energy agencyAsset managementRussian president vladimir putinExxon mobilVestas wind systemsNations secretary general antonio guterresInflation reduction act

HITE Hedge Founder James Jampel Says Strategy Shorting Oil Stocks Blew Up

HITE Hedge Founder James Jampel Says Strategy Shorting Oil Stocks Blew Up
bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.

United statesJames jampelAsset management

Hedge Fund Manager Jampel Stops Shorting Fossil Fuel Stocks

(Bloomberg) A hedge fund manager who made a name for himself shorting fossil fuel stocks says the strategy is no longer viable, as oil’s ascent proves too strong to fight.Most Read from BloombergEx-Goldman Bankers Make a Fortune With Controversial Bet on CoalIndia Suspends Visas, Canada Pulls Diplomats Amid Tensions‘Dead Space’ Co-Creator Departs Startup After Newest Game FlopsWall Street Trading Roiled by ‘Post-Fed Hangover’: Markets WrapRupert Murdoch to Leave Helm of Empire After Seven Dec

United statesAntonio guterresBloomberg businessweekVladimir putinJames jampelUnited nationsBullish on oil up to endExxon mobil corpGoldman sachsSp global clean energy indexWorld petroleum congressInternational energy agencyGoldman sachs says oil goingSp global oil indexAsset managementRussian president vladimir putin

Hedge Fund Boss Who Shorted Oil Stocks Says Strategy Blew Up

Hedge Fund Boss Who Shorted Oil Stocks Says Strategy Blew Up
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

United statesVladimir putinAntonio guterresJames jampelSp global clean energy indexUnited nationsBullish on oil up to endSp global oil indexExxon mobil corpWorld petroleum congressInternational energy agencyAsset managementRussian president vladimir putinExceptionally bullishExxon mobilVestas wind systems

HITE Hedge Founder James Jampel Says Strategy Shorting Oil Stocks Blew Up

United statesJames jampelAsset management