Analysis: Renewable investments have walloped oil and gas over the past five years FacebookTwitterLinkedInEmailPrint分享S&P Global Market Intelligence ($):Renewable energy stocks have punched well above their weight over the past five years, an analysis by S&P Global Market Intelligence found, with the biggest players tripling in value in that period as oil and gas production company stocks held steady.An equally weighted basket of the 20 largest publicly traded stocks of North American companies that make and sell renewable power — geothermal, wind and solar energy sellers — gained 201% over the past five years as of Aug. 31. Meanwhile, the equally weighted value of the 73 firms in S&P’s Oil & Gas Exploration and Production Index—energy providers—gained 2% over the same period.Of the 20 renewable stocks, with a total market value of $34 billion, 65% gained in value over the five years, while only 30% of the 73 S&P oil and gas index companies, a group totaling $1.36 trillion in market cap, were in positive territory after five years. The broader benchmark S&P 500 index grew 40% over the five years.A 35% slide in the price of crude oil has not helped the E&P stocks, which are historically closely tied to the commodity, while renewable stocks have tracked more closely with the tech sector, said Deanna Zhang, an energy tech and renewables analyst for the energy investment bank Tudor Pickering Holt & Co.Raymond James & Associates Inc. oil and gas analyst Pavel Molchanov agreed that the market rewards high-growth stocks and renewables. Largely based on new and improving technologies, renewable energy companies are benefiting from the same trend that has exploded the value of such high-tech issues as Amazon.com Inc. and Facebook Inc.“It is not surprising that renewable stocks have outperformed the E&P index over the past five years,” said Vishal Shah, a partner with Hudson Sustainable Investments LLC, a $3 billion private equity fund. “[A] combination of positive industry fundamentals and favorable global policy support have resulted in this outperformance for renewables. Corporate renewables and storage plus renewables, along with the strong growth of distributed generation, are the main drivers for strong fundamentals in the renewables sector for power generation,” Shah said.More ($): Renewable premium: Wind, solar stocks soar as oil prices constrain drillers
Advertisement Advertisement Metro Sport ReporterMonday 22 Jun 2020 11:54 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link509Shares Arteta replaced Unai Emery as Arsenal manager in December (Picture: Getty)‘It was a wonderful goal from Nicolas Pepe and with 20 minutes to go they had to just sit tight, do the hard bits and grind out a 1-0 win.‘But as ever with Arsenal, that is the exact opposite of what they did. Brighton’s equaliser was an absolute embarrassment and must have Arteta raging.’Arsenal will look to get back to winning ways on Thursday evening when they travel to Southampton.More: FootballBruno Fernandes responds to Man Utd bust-up rumours with Ole Gunnar SolskjaerNew Manchester United signing Facundo Pellistri responds to Edinson Cavani praiseArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesFollow Metro Sport across our social channels, on Facebook, Twitter and Instagram.For more stories like this, check our sport page.MORE: Pep Guardiola would struggle to fix ‘spineless’ Arsenal – Jamie RedknappMORE: Ruud Gullit rips into ‘overrated’ David Luiz amid Arsenal struggles Comment Alan Shearer issues transfer warning to Arsenal amid Mikel Arteta struggles Alan Shearer has warned Arsenal after their poor recent form under Mikel Arteta (Pictures: Getty)Alan Shearer has told Arsenal that Mikel Arteta needs ‘substantial backing’ in the transfer market to turn things around at the Emirates.The Gunners have struggled since the Premier League season resumed last week, losing to both Manchester City and Brighton to slip to tenth in the table, 11 points below fourth-placed Chelsea.Arsenal now look destined to miss out on Champions League qualification for another season and Shearer says Arteta needs to be backed with transfer signings.Arteta left his job as Pep Guardiola’s Manchester City assistant to replace Unai Emery as Arsenal boss earlier in the season and has endured a mixed spell in north London.AdvertisementAdvertisementADVERTISEMENT‘Unless Arsenal seriously back boss Mikel Arteta in the transfer market then they will have to get used to being mediocre,’ Shearer wrote in a column for The Sun.‘I’m sure he knew what he was walking into when he joined the club last December. How could he not, given none of these problems we are seeing are anything new?‘But what a job he now has on his hands to turn the tide. It’s still far too early to be talking about his future and it’s going to take a fair while to sort the club out. Arsenal suffered a shock defeat to Brighton on Saturday (Picture: Getty)‘There’s no chance of them making the Champions League spots now and even the Europa League looks a struggle.‘I heard Arteta say if they don’t spend then they will not move forward.‘I’m sure he knows what he needs but he is going to need substantial backing just to ensure they don’t stand still and move even further away from the top teams.More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man City‘If he’s not given the money to spend, I find it very hard to see Arsenal closing that gap any time soon.’Arsenal record signing Nicolas Pepe put Arteta’s side in front at Brighton on Saturday but two late goals from Lewis Dunk and Neal Maupay condemned the Gunners to back-to-back defeats.‘It was another case of Groundhog Day. I’ve lost count of how many times we say the same things about them,’ Shearer added.
Related There was some violence reported ahead of Tuesday’s polls in Burundi. There were reports of gunfire and explosions in several parts of the capital, Bujumbura. At least two people, a policeman and a civilian were killed overnight Monday.President Pierre Nkurunziza is widely expected to win a third consecutive term despite international condemnation and thousands of people fleeing feared violence. Burundi: Presidential elections to take place amidst on-going violence Burundi Elections:Presidential vote proceeds despite violence Burundi’s presidential elections postponed
Guinea-Bissau, shock qualifiers for the 2017 Cup of Nations, edged past Namibia thanks to a Jerson goal on 24 minutes in the other Group K fixture. Share on: WhatsApp Cameroon and Malawi both won in Group B. Reigning champions Cameroon pipped Morocco 1-0 in Yaounde while Malawi beat the Comoros by the same scoreline in Blantyre.In Group I, the Zebras of Botswana lost 1-0 to Mauritania in front of their fans in Francistown after they failed to put away many chances.This gutsy contest was decided on 78 minutes when substitute Abdoulaye Soudani controlled a long ball before firing past the Botswana goalkeeper.Hosts Burkina Faso won the other Group I tie against Angola 3-1 with big striker Aristide Bance bagging a brace.Burundi beat South Sudan 3-0 in Group C with Mali fought back from a goal down to beat Gabon 2-1 in Bamako in the other group game. Football: Nigeria, Ivory Coast, Zambia suffer shock lossesAbuja, Nigeria | AFP | Former African champions Nigeria, Ivory Coast and Zambia all lost at home Saturday on a day of upsets in the first qualifying round for the 2019 Cup of Nations.Three–time champions Nigeria lost a competitive game against South Africa for the first time when they fell 2-0 in the southern Nigerian town of Uyo in Group E.While in Group H the Ivory Coast, who had vowed to win in memory of former team-mate Cheick Tiote, who collapsed and died in China this week, slumped 3-2 to fellow west Africans Guinea in Bouake.Zambia, champions in 2012, fell 1-0 at home to a daring Mozambican side in Group K.New South Africa coach Stuart Baxter labelled his team the underdogs going by their poor head-to-head record against Nigeria.But goals by Tokelo Rantie and substitute Percy Tau in the second half sunk the home team and the visitors were unlucky not to have scored more goals in the Group E clash.“My young team tried their best, there was a mistake for the first goal and the second goal was a gift,” admitted Nigeria coach Gernot Rohr.Libya top Group E after a 5-1 spanking of Seychelles on Friday in Cairo, Egypt.In Bouake, the Elephants of Ivory Coast went down to Guinea despite a brace by Seydou Doumbia.Germany-based striker Naby Keita fired the winner for Guinea in the 79th minute.Zambia also got off to a losing start on the road to Cameroon 2019 when they lost for the first time to Mozambique at home.Stanley Ratifo grabbed the last-gasp match winner when he stabbed home a low cross.Before then, Chipolopolo goalkeeper and captain Kennedy Mweene had to pull off a point-blank save to deny the visitors.
(Borghetto Santo Spirito, Italy) — What a nightmare…an Italian woman is locked inside her apartment with her dead husband’s body because of a coronavirus quarantine. The woman has reportedly been shouting for help from her balcony for two days.The woman’s husband died Monday from coronavirus and she’s been in her apartment with him since then.The mayor of her northern Italian town says no one is allowed to approach the body right now because of stringent restrictions in place to prevent the spread of the virus. The husband, who had tested positive for coronavirus previously, died Monday at 2 a.m. local time. “Yes, it is true she is still there with the body and we won’t be able to remove it until Wednesday morning,“ the mayor said. Canepa said quarantine protocol states that no one is allowed to approach the body.“Unfortunately, we have a security protocol we must follow,” he said. The mayor also said that the man refused to be taken to the local hospital for recovery, which led to this situation. “Otherwise, this wouldn’t have happened,” he said.The story made headlines in Italy as stories emerged of the wife’s despair at remaining locked up with her husband’s dead body for hours on end.