Back in October of last year, I had the pleasure of discussing the “generational opportunity in energy stocks” with Leigh Goehring. At the time, he made a very compelling investment case for the energy sector and, in just the five months since then, it has nearly doubled in value. Leigh and his firm still believe energy offers compelling value but to truly appreciate it, it helps to also understand the related bubbles in both renewables and electric vehicles. In this conversation, Leigh’s partner, Adam Rozencwajg, shares his views on the mania in these so-called green energy stocks, outlining why renewables and EVs are not the panacea for climate change investors believe them to be and why, ironically, the best way to profit from the transition to green energy may be in the very stocks ESG investors are shunning today. Below are several links related to this episode:
- Follow Goehring & Rozencwajg on twitter @Go_Rozen
- Visit Goehring & Rozencwajg website: gorozen.com
- Read Goehring & Rozencwajg’s latest research: Ignoring Energy Transition Realities
- Read Research Affiliates’ EV piece: Big Market Delusion: Electric Vehicles
- Listen to my earlier conversation with Leigh Goehring