
Q2 2022 Review
Quarterly overview of stock index performance and the top trends impacting the state of clean tech.
Russia’s attack on Ukraine continued to roil global energy and food markets during the second quarter of 2022. Indeed, we saw two very different versions of the future emerging in the West: the super-charged adoption of renewables, electrification, and storage vs. securing as much non-Russian gas as possible with the buildout of new gas storage and LNG infrastructure. As we write this commentary, the EU just made the decision to include some natural gas and nuclear as “green” options in their EU taxonomy framework (we expect legal challenges to this European Parliament vote). The move is clearly out of step with climate science as well as public and investor sentiment, and it is sure to complicate concerns over greenwashing. Clean Edge does not consider natural gas a green energy option...