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Green blues
Like 2022, 2023 has been a bad year for green investments, which have generally underperformed versus other stocks. Why? Well for a start green stocks did very well in 2020 and 2021, which set the bar high for following years. Covid played a part in this, with fossil fuel demand falling as people stayed at…
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Weakening climate targets
It is depressing that the Government has decided today to weaken its carbon targets. Given the existential threat to humanity, this is hardly good news. The Government would have us believe the following narrative. The UK has been leading the world in decarbonisation, reducing emissions by 40-50% since 1990. We are on track for net…