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What the heck does the oil price have to do with solar
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What the heck does the oil price have to do with solar? Since breaking the psychological US$100 level in September, Brent crude oil has fallen 34%. Strangely, the Ardour Solar Index has also fallen the same amount over this same period. Four reasons why we think it makes no sense to see solar shares being sold off with the fall in the oil price. 1) Solar does not compete with crude oil for electricity generation. 2) Solar dovetails into government policy seeking to reduce the emissions intensity of the economy. 3) Solar is becoming increasingly price competitive in more places around the world without subsidy. 4) Solar projects are lower risk and relatively quick to build. (VIEW LINK)
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Nathan Lim is the Chief Investment Officer at Lonsec Holdings. He is responsible for building and managing Lonsec’s suite of investment solutions, devising strategies for growth and acting as the liaison with the market. Nathan has industry-recognised expertise, having won multiple awards for portfolio management and fund selection in both conventional and Responsible Investment categories.
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Nathan Lim is the Chief Investment Officer at Lonsec Holdings. He is responsible for building and managing Lonsec’s suite of investment solutions, devising strategies for growth and acting as the liaison with the market. Nathan has...
Expertise
Nathan Lim is the Chief Investment Officer at Lonsec Holdings. He is responsible for building and managing Lonsec’s suite of investment solutions, devising strategies for growth and acting as the liaison with the market. Nathan has...
Expertise
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