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
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Anonymous

Posted on 04 Sep 2020

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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Yang Teng

Yang Teng

Level 15. Grandmaster

Posted on 05 Sep 2020

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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Question Poster

08 Sep 2020

Thanks for sharing Yang Teng! Appreciate it! 👍

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