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The other big problem with fossil fuels... – Artemis Investment Management

When Opec used energy prices as a geostrategic weapon in the 1970s, there were few good alternatives to burning oil. Today, however, renewables are sometimes the cheapest option – and unlike fossil fuels they will only become cheaper with time.

Posted on Mar 17, 2022

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The terrible events in Ukraine have underscored Europe’s energy insecurity:

  • The West’s dependence on Russian oil and gas is a strategic liability.
  • In contrast to the 1970s oil crisis, we now have compelling alternatives to fossil fuels.
  • Accelerating investments in wind power, solar energy, battery storage and green hydrogen is imperative.
Artemis disclaimer – For UK professional investors only.

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