Energy Transition Is Over; We Just Don't Know It Yet -- October 22 ,2023

Locator: 45787RENEWABLES. 

The energy transition is over -- we just don't know it yet. Peter Zeihan.

Exhibit A.

Also:

How bad is it for EVs?

Here are the numbers for Polestar, Rivian, Lucid, Arrival, Canoo, 1-year and 5-year, as of October 20, 2023, share price:

• Polestar: down 51%; down 67%; yesterday, down 8%;
• Rivian: down 48%; down 87%; yesterday, down 3%;
• Lucid: down  68%; down 57%; yesterday, down 1.4%;
• Arrival: down 97%; down 99.8%; yesterday, down 5%;
• Canoo: down 81%; down 97%; yesterday, down 6%;

Wind and solar, October 20, 2023 

Today: solar stocks plunge. Link here.

Wind is expensive. Link here.

The Dutch have just signed a 27-year LNG deal with Qatar, Shell. As in Royal Dutch Shell. My hunch: Dutch investors got tired of their investments in renewable energy.