Energy

Credit Suisse sees a ‘multi-decade’ investment opportunity in clean energy

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It’s an “exciting” time for renewable energy firms because more policymakers around the world have committed to carbon emissions goals, according to Credit Suisse.

“I’m feeling fairly bullish on the current market conditions for energy transition beneficiaries,” said Phineas Glover, the investment bank’s Asia-Pacific head of environmental, social and governance (ESG) research.

The energy transition refers to a move away from reliance on fossil fuels, and toward clean energy alternatives.

“We’re at the beginning of possibly a multi-decade, secular investment opportunity in the energy transition,” he told CNBC’s “Street Signs Asia” on Wednesday.

That’s in part because governments have taken…



Source cnbc.com

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