Ft
Why Clean Energy Stocks Have Lost Their Luster
Why Clean Energy Stocks Have Lost Their Luster
Updated October 25, 2023 at 5:33 p.m. ET
Clean energy stocks fell out of favor as pressures created by rising interest rates outweighed supportive government policies.
The iShares Global Clean Energy ETF closed Wednesday at the lowest level since July 2020. The exchange-traded fund invests in renewable energy companies and utilities according to a benchmark established by the S&P Dow Jones Indices, notably First solar And Plug in the power. It has plunged 33% this year.
Copyright ©2023 Dow Jones & Company, Inc. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8
Wj