facebookWhat are your thoughts on the fossil fuel sector? I read that a lot of investors are responding to climate concerns by selling shares in fossil fuel sector, do it have no long term value anymore? - Seedly

Anonymous

05 Sep 2020

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What are your thoughts on the fossil fuel sector? I read that a lot of investors are responding to climate concerns by selling shares in fossil fuel sector, do it have no long term value anymore?

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Fossil fuel is a sunset industry. With growing sentiment to switch over to greener sources of energy as a result of heightened awareness of climate change, this sector no longer has good long term prospects. While it will not be eradicated within the short run, the decreased demand will result in lesser return on your investments.

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