‘Turbulence All The Time’: A Never-Ending Energy Crisis?

‘Turbulence All The Time’: A Never-Ending Energy Crisis?

The impact of green policies "can be explained in one sentence," JPMorgan's Marko Kolanovic said last month, while elaborating on the energy crisis he predicted nine months previous. "Given that a goal of the ESG/green initiative is to divert capital from fossil fuels development, affected companies will not have sufficient capital to provide needed supply, or will require significantly higher profits to clear the (higher) cost of capital hurdle," he went on to write. That state of affairs mak
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