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Investors May Find It Hard to Break Up With Oil and Gas
Zain ShaukInvestors seeking greener energy stocks will find it difficult to reproduce the returns offered by oil and natural gas producers, according to a report from Bloomberg New Energy Finance.
With a market value of $4.9 trillion, oil and gas investments offers a combination of scale, growth and dividends that can’t be readily found in other industries, the London-based research company said today. Coal, which has already fallen out of favor with institutional investors, can be more easily replaced with bets in other industries.