Latest / Energy Economics with Fexingo: Oil Prices, Renewables, and the Cost of Power
Why Clean Energy Stocks Are Falling Faster Than Oil This Week
The clean energy sector is getting crushed. This week, the iShares Global Clean Energy ETF (ICLN) dropped 9.2 percent, while WTI crude slipped 'only' about 7 percent. Solar names like Enphase and First Solar are down even more — 10 percent and 9.2 percent respectively. Lucas and Luna drill into why. The culprit isn't oil prices alone: rising interest rates, a stronger dollar, and a Trump administration pushing tariffs on digital services and threatening the Strait of Hormuz are creating a perfect storm for renewable stocks. Meanwhile, utilities like NextEra Energy actually…
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