• 4 minutes The Federal Reserve and Money...Aspects which are not widely known
  • 8 minutes How Far Have We Really Gotten With Alternative Energy
  • 12 minutes  What Russia has reached over three months diplomatic and military pressure on West ?
  • 7 mins GREEN NEW DEAL = BLIZZARD OF LIES
  • 5 days Coincidence of EIA Report Delay? - "I had seen it delayed minutes, and a couple of times a few hours, but don’t recall something like this — do others?" asks Javier Blas
  • 3 days European Parliament Members, Cristian Terhes et al, push back against Totalitarian Digital ID and Carbon Tyranny in Europe.
  • 16 hours Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 2 days "How Long Will The Epic Rally In Energy Stocks Last?" by Tsvetana Paraskova at OILPRICE.COM
  • 5 days "...too many politicians believe things that aren’t true." says Robert Rapier
  • 6 days Demonising fossil fuels has caused major grid problem in Australia
  • 6 days Welcome to Technocracy - The New World Energy Order... "1000s Of Sydney Homes Plunged Into Darkness As Aussie 'Price Cap' Policy Sparks Energy Shortage"
  • 8 days "How to Calculate Your Individual ESG Score to ensure that your Digital ID 'benefits' and money are accessible"

Breaking News:

Oil Likely To Hit $200: SEB Group

Environmental Finance

Environmental Finance

Environmental Finance is still the only independent global magazine offering comprehensive coverage of the financial impact of environmental issues on the business community.  Leading industry…

More Info

Premium Content

Renewable Energy Stocks that Provide Great Investment Opportunities

Despite ever-rising carbon dioxide emissions, sinking solar stocks, and perceived falls in government support for renewables, the low-carbon investment theme is “alive and well”, according to analysts at Citi.

In a note accompanying an update of its ‘Climate Change Universe’, published today, the US financial services giant has identified 20 stocks that provide “actionable investment” opportunities to tap into the investment theme, which it says will see an estimated $12 trillion of investment over the next two decades.

“With so many sectors clearly still impacted by the theme, and so much new capital being/going to be invested, we believe that the question of whether this is still a real investment theme is closed,”
the report says.

 Cleantech Growth

The report concedes that the clean-tech sector has performed badly recently, with the combined market capitalisation of the Citi Climate Change Universe – which now contains 169 companies – down 65% from its peak in late 2007, while the performance of the clean energy sector has been even worse, falling 84%. However, the Citi analysts remain convinced of its potential for several reasons.

First, renewables now account for majority of investment in new electricity generation technologies in Europe. Also, contrary to perception, subsidy support for renewables is increasing, and is forecast by theInternational Energy Agencyto grow from $75 billion currently to about $250 billion by 2035. Furthermore, the number of countries with renewable energy targets or carbon pricing systems is growing rather than shrinking.

To help investors gain exposure to this megatrend, Citigroup has identified 20 stocks based upon exposure to specific regional or industry climate policy and thematic drivers, corporate positioning and strategy, valuation, and liquidity (requiring more than €1 billion of free float - see below).

“In this way,” the report states, “we believe that investors can gain global exposure to this megatrend without having to resort to investing in highly liquid, high-beta stocks.”

Citigroup’s top picks from within the Citi Climate Change Universe are:

Lower Carbon Electricity
Calpine Corporation
Dongfang Electric
Energy Development
Paladin Energy
Toshiba

Lower Carbon Transport
Continental
East Japan
LG Chem
South Locomotive
Valeo

Gas Power and Heating
Beijing Enterprises
Dresser Rand Group
Novatek
Sempra Energy
Williams Partners

Energy Efficiency
ABB
Danaher
GEA
Power Grid Corporation
Saint Gobain

By. Katie Branca

Source: Environmental Finance


Download The Free Oilprice App Today

Back to homepage





Leave a comment

Leave a comment




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News