The End of Oil Era?

The End of Oil Era?

The End of Oil Era?

Yes we hear this question on the news so much but actually it's not happening so fast. We still need time to replace fossil fuels with clean energy fuels. The most important and needed factor for this transition is the cost of initial investment. In Glasgow COP26 recently we have heard some good news for investors actually. Janet Yellen said  "It’s a global transition for which we have an estimated price tag: some have put the global figure between $100 and $150 trillion over the next three decades.  At the same time, addressing climate change is the greatest economic opportunity of our time. " 

 

So this money will be poured into Electric Vehicle Producers, Charging infrastructures, Battery Making Plants and grid upgrades and many more. So If you follow the money you will get your share. If we look at the stock share performance of Tesla below you will understand the potential. 

Before we end up please keep in mind that Natural Gas will be with us probably until to the end of this century. As it is consired as less damaging to enviroment and cleaner compare to Crude Oil.

So investing in Natural Gas would be a wise decision for every trader.

Previous News

Dollar Sits High on Hawkish Fed
25 November 2021 10:29

Dollar Sits High on Hawkish Fed

Next News