Latest / Energy Economics with Fexingo: Oil Prices, Renewables, and the Cost of Power
Why Clean Energy Stocks Are Falling While Oil Holds Steady
Episode 36 of Energy Economics with Fexingo. Oil is holding above $90 a barrel, but clean energy stocks are getting crushed—ICLN down 7.5%, TAN down 10%, Enphase down 12% in the last five days. Lucas and Luna unpack why this divergence is happening. The Iran conflict and rising bond yields are reshaping the risk calculus. But the bigger story is a structural headwind: the Inflation Reduction Act's tax credits are being pulled forward, creating a boom-bust cycle in solar and battery manufacturing. Lucas walks through the math: 50 GW of new solar module capacity hitting the U.S. this year…
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