We recently saw the International Energy Agency (IEA) report that solar power offers the cheapest electricity in history. That was a global report. A US-focused report from Lazard recently reported something similar, but even better news.
A brief decade held considerable cost-efficiency gains in wind and solar. These sustainable technologies are now more cost-effective than any other power generation technologies in general, according to Lazard. Solar and wind technologies simply make more sense.
There is a very short window of time to get out of pure-play oil & gas company investments without substantial losses. It is imperative to sell them now. It is already too late to get out of pure-play coal company investments without substantial losses. But they will lose even more money going forward.
