​”Energy Transition Failing”: Hedge Funds Mount Climate Short Bets On Green Tech Stocks  – Tyler Durden

“Energy Transition Failing”: Hedge Funds Mount Climate Short Bets On Green Tech Stocks  A new Bloomberg analysis of 500 hedge funds tracked by Hazeltree, a data compiler in the alternative investment industry, finds an increasing number of Wall Street hedge funds are, on average, net short batteries, solar, electric vehicles, and hydrogen companies compared to those long green companies. Data also shows that more funds are net long fossil fuels than shorting oil, natural gas, and coal. This comes despite the Western world and China deploying hundreds of billions of dollars in green stimuli packages to support these industries. Yet, considering some green industries…  — Continue at ZeroHedge News : Read More