By David Fessler A massive shift is underway.
Money is flooding out of fossil fuels… and into renewable energy.
And it’s happening faster than some analysts realize.
According to some estimates, the big fossil fuel companies are betting demand for their products will continue to rise until the 2040s.
But I think the peak in fossil fuel demand is going to happen in this decade.
That’s 20 years sooner than predicted. And the money is already starting to move.
Take a look…
Investors who put money in the Energy Select Sector SPDR Fund (NYSE: XLE) in January 2019 are down more than 15.7%.
Those who bet on exploration and production companies …read more
