The Market Will Never Solve Climate Breakdown

Created
Fri, 10/02/2023 - 21:36
Updated
Fri, 10/02/2023 - 21:36

In the midst of the pandemic, climate-conscious financiers became excited by a relatively obscure piece of market news. NextEra Energy—the largest renewable energy company in the US—surpassed ExxonMobil in market capitalisation. In other words, NextEra briefly became the most valuable energy company in the US. This reversal was all the more shocking given that ExxonMobil […]