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LUPEY - Assessing The Threat Of The Energy Transition Part 1: Power
Lundin Petroleum AB ADR
Investors regularly ask for our views on the threat of the energy transition to traditional oil and natural gas companies, particularly with a view to midstream. The buzz around renewables has only increased given the release of Vice President Biden's clean energy plan calling for net zero emissions for the US by 2050. Furthermore, the historic stimulus package passed by the European Union last week requires spending to be in line with the goals of the Paris Climate Accord, and nearly a third of the spending is earmarked for battling climate change. Also last week,