In early 2024, two trends are apparent. First, emerging evidence of the magnitude of global warming and its disastrous effects is increasingly grim. Second, Western politicians and the general public seem to be increasingly disinclined to act upon it. In the UK, there is a legislative crackdown on climate protests – with a trial starting…

Like 2022, 2023 has been a bad year for green investments, which have generally underperformed versus other stocks. Why? Well for a start green stocks did very well in 2020 and 2021, which set the bar high for following years. Covid played a part in this, with fossil fuel demand falling as people stayed at…