, Columnist
Oil Companies Give Back the Cash
Also Teck’s ESG M&A defense, the deposit franchise, nonbank lending and bank preferred stock.
Here is a theory you could have:
You don’t have to believe this theory, but something like it seems to be pretty popular. In particular, environmental, social and governance investors often express some version of this; they talk about the need to transition to green energy and question the long-term viability of fossil fuels.