JPMorgan Warns of ‘More Volatility’ Facing Energy Transition

The outlook for the global energy transition is likely to be more volatile than investors may have expected, according to JPMorgan Chase & Co.

“We’ve had a bit of a reset,” James Janoskey, the London-based global co-head of JPMorgan’s natural resources group, said in an interview. The clean-energy transition is “still going to happen, but it will be more elongated than we thought previously, with more volatility and with some sub-sectors going faster than others.”