31 days ago • Posted by William Ramstein

Clean Energy ETFs are in high demand

Has covid taught investors about the benefits of renewable energies ? ESG funds have lured a record $85 billion in the US alone. Stocks in many of these funds are trading at odd price-to-earnings multiples that are increasingly hard to justify. Take Plug Power Inc., for instance. The unprofitable company has seen more than 2,000% rally since early 2020 outpacing even the like of Tesla. Source: Bloomberg