© Brighteon.com All Rights Reserved. All content posted on this site is commentary or opinion and is protected under Free Speech. Brighteon is not responsible for comments and content uploaded by our users.
This channel has partnered with the Brighteon Store and receives a small commission from all sales generated from an affiliate link.
Click the shop now button below to help out this channel.
At the end of the day, it always winds up reverting to common sense and, in the investing world, alpha.
That's
what has Markus Müller, chief investment officer ESG at Deutsche Bank's
Private Bank, admitting this week that if you want to make money - no
matter what you label your fund - you're likely going to need some
exposure to energy and big oil. He also noted the obvious: that big oil
companies have, in fact, been making strides to reduce emissions,
despite being labeled as serial polluters with 'more money than God' by
the Biden administration and their cronies.
Reuters dropped a
bomb last week when they reported that Müller had stated on Tuesday
that sustainability funds should include traditional energy stocks,
arguing that not doing so deprives investors of a prime opportunity to
invest in the transition to renewable energy.
"When we think about clean energy, these are business models which are quite new and sensitive to interest rates," he said.
Read More: https://discern.tv/esggrift/





