Latest / Energy Economics with Fexingo: Oil Prices, Renewables, and the Cost of Power
Why Clean Energy ETFs Are Falling While Oil Rallies
Oil prices are up more than 5% in the last five days, but clean energy ETFs like ICLN and TAN are down. Lucas and Luna break down the divergence: oil is rallying on renewed Iran uncertainty and a potential ceasefire collapse, while solar and wind stocks are getting hammered by rising interest rates and falling natural gas prices. They look at the data—WTI at $69.60, Henry Hub at $3.29, the 10-year breakeven inflation rate dropping to 2.23%—and explain why the old 'oil up, renewables up' correlation is broken. Plus, a quick look at Enphase and First Solar's recent moves, and…
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