
Q1 2022 Review
Quarterly overview of stock index performance and the top trends impacting the state of clean tech.
The major news in the first quarter of 2022 was Russia’s unprovoked and vicious attack on the sovereign nation of Ukraine – making Vladimir Putin a global pariah (if he wasn’t already) and comedian turned-president Volodymyr Zelensky an accidental hero for inspiring and galvanizing the courage and strength of millions. The brutal and unsettling attack has also laid bare Europe’s reliance on Russian coal, oil, and natural gas, and has many nations scrambling to put an end to their dependency on volatile fossil fuels and Putin’s petrostate dictatorship once and for all. While the markets continued to reward fossil fuels in Q1 (high prices and post-pandemic demand both fueled record profits for oil companies), there’s a growing and palpable sense that Putin’s War...