This Country Wants to Be the Great Green Hope Its Raw Minerals Already Power EVs marketwatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketwatch.com Daily Mail and Mail on Sunday newspapers.
22 February 2021
As the Australian market continues its Covid recovery, the cleantech sector is flying as the transition to a low carbon economy accelerates. The Deloitte Australia CleanTech (DACT) Index rose by 33.9% over the quarter to December 2020, significantly outperforming the already strong growth of the ASX200.
Over the 2020 calendar year, while the ASX recorded a 1.5% loss, the DACT saw growth of 31.8%. Although the concept of green recovery was not a major theme in Australia compared to some other jurisdictions, the market seems to have made its own mind on the merits of that strategy. The five-year performance is even more compelling!