Plug Power – The News Desk

Green Investors Were Crushed. Now It’s Time to Make Money.

5Dec

By adminNo Comments

Money

Green Investors Were Crushed. Now It’s Time to Make Money.

Updated Dec. 5, 2023 12:06 am ETInvest according to your political views, and you’re unlikely to make money. Companies that appeal to left-wingers or to right-wingers might be good or bad investments, but the fact of being, on current politics, clean and union-friendly for the left or oily and gun-friendly for the right is neither here nor there. What matters is their ability to make money and how highly they are valued.This has been rammed home for environmentally-minded investors in the past year, as a coordinated selloff in anything with green credentials crushed the idea of making money while doing good. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

5Dec

By adminNo Comments

Money

Green Investors Were Crushed. Now It’s Time to Make Money.

Updated Dec. 5, 2023 12:06 am ETInvest according to your political views, and you’re unlikely to make money. Companies that appeal to left-wingers or to right-wingers might be good or bad investments, but the fact of being, on current politics, clean and union-friendly for the left or oily and gun-friendly for the right is neither here nor there. What matters is their ability to make money and how highly they are valued.This has been rammed home for environmentally-minded investors in the past year, as a coordinated selloff in anything with green credentials crushed the idea of making money while doing good. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

5Dec

By adminNo Comments

World

Green Investors Were Crushed. Now It’s Time to Make Money.

Invest according to your political views, and you’re unlikely to make money. Companies that appeal to left-wingers or to right-wingers might be good or bad investments, but the fact of being, on current politics, clean and union-friendly for the left or oily and gun-friendly for the right is neither here nor there. What matters is their ability to make money and how highly they are valued.This has been rammed home for environmentally-minded investors in the past year, as a coordinated selloff in anything with green credentials crushed the idea of making money while doing good. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Clean-Energy Startups Expected a Gusher of Government Money. They Are Still Waiting.

18Nov

By adminNo Comments

Money

Clean-Energy Startups Expected a Gusher of Government Money. They Are Still Waiting.

A pile of government cash from last year’s climate law was supposed to fuel a wave of clean-energy startups. Instead, many are running out of money before the funding comes through. Higher interest rates and rising costs have hurt the companies in what are often capital-intensive industries. Washington’s grinding bureaucracy has been slow to dole out the cash from the climate-focused Inflation Reduction Act.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

18Nov

By adminNo Comments

Money

Clean-Energy Startups Expected a Gusher of Government Money. They Are Still Waiting.

A pile of government cash from last year’s climate law was supposed to fuel a wave of clean-energy startups. Instead, many are running out of money before the funding comes through. Higher interest rates and rising costs have hurt the companies in what are often capital-intensive industries. Washington’s grinding bureaucracy has been slow to dole out the cash from the climate-focused Inflation Reduction Act.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Why the Shine Has Come Off Clean-Energy Stocks

25Oct

By adminNo Comments

Money

Why the Shine Has Come Off Clean-Energy Stocks

Clean-energy stocks have fallen out of favor, with pressures created by rising interest rates outweighing supportive government policies. The iShares Global Clean Energy ETF reached its lowest level since July 2020 this week. The exchange-traded fund invests in renewable-energy companies and utilities in line with a benchmark compiled by S&P Dow Jones Indices, including First Solar and Plug Power. It has plunged 32% this year. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8