Risky Climate

What a Stock-Price Divergence Reveals About Climate Policy and Risk

U.S. and European companies vulnerable to the clean energy transition have seen their stock prices go very different ways since Russia invaded Ukraine. 

Traders work on the floor of the New York Stock Exchange (NYSE) on March 15, 2022. 

Photographer: Michael Nagle/Bloomberg
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The Ukraine invasion and the ensuing energy crunch show clearly how important it is to move off fossil fuels and toward renewables.