Energy

Inflation fueled by new green policies will boost these stocks: Strategist

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Delegates walk past a screen during the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 1, 2021.

Yves Herman | Reuters

Inflationary pressures arising from efforts by governments and businesses to adhere to net-zero initiatives will extend far beyond energy prices, according to Seema Shah, chief strategist at Principal Global Investors.

The risks of “greenflation” — increases to energy prices and consumer costs triggered by global efforts to transition to green energy — have been well-documented.

However, in a new research note alongside the COP26 climate conference and seen by CNBC, Shah argued that “the rapidly changing way that companies across all sectors…



Source cnbc.com

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