December 2020

Fossil Fuels and Related Equities: The Question is Time

The demise of the oil and gas sector of the financial markets is well understood and, by many, welcomed. It is a confluence, mainly, of two powerful forces. One is a secular change due to what economists call a displacement event—a change in the environment that rearranges the deck chairs permanently. The other is harder to measure but is similarly pretty much indisputable at this point.

John R. Gilbert

Senior Research Consultant