QUESTIONING THE CLIMATE CHANGE NARRATIVE
We are finding an uptick in analysis and commentary that is questioning the climate change narrative.
Pieces like this one:
We are reminded…
This climate change narrative/ideology too shall pass like every fad, but it will take time. This is ok.
It just means that we will see the fossil fuel sector (oil, gas, coal, and related services) continually outperform the S&P 500 over the next 10+ years.
Here is an index we created. It is the Dow Jones Global Titans Oil & Gas Index (30 of the world’s biggest oil and gas stocks like Exxon, Shell, Total, etc.) vs the DJ Global Titans Index (top 50 stocks in the world). Check out our portfolio's inside Capitalist Insider.
Let’s cut to the chase: the next 10 years will see a repeat of 2000-2010. The outperformance may well last for a lot longer than this. The essence is that we don’t have to be concerned at all about energy related stocks underperforming the general stock market for a very long time.
The biggest challenge will be to stay on this trend and not get knocked out by the lure of the beauty of Miss Volatility or all of the “the world is coming to an end” banter we are subject to daily.
