When it comes to the battle between fossil fuels and renewable alternatives, investors have clearly chosen sides.
Over the last decade, renewables have outperformed fossil fuels across the board.
“Renewables are outperforming fossil fuels and they’re outperforming the broader market,” said Milica Fomicov, a researcher at Imperial College London who was previously a portfolio manager at BlackRock Inc. and JPMorgan Chase & Co.
Researchers found renewable power investments beat fossil fuels in all regions — globally, in developed economies and in emerging markets. They also found investing in green power to be less volatile in advanced markets than polluting-energy sources.”
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