A hedge fund manager focused on navigating the energy transition has generated a 39% return so far this year, after adopting a policy of ignoring US President Donald Trump’s signals on the Iran war.
Countries that move away from oil and gas will be “shielding their economies against the kinds of price shocks that we’re seeing currently,” said Stientje van Veldhoven.
Two offshore wind developers will give up federal leases and instead commit funds to fossil fuel projects under agreements with the Trump administration, the Interior Department said Monday.
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