Today we’re talking about energy. Not exclusively, but mostly. Specifically because many of you have been asking about how the fossil fuel divestment movement and green energy initiatives will impact the energy sector – more frequent questions, and more alarmed. Ifwe don’t address this, there might not be the mind space to hear anything else. The fear isthat there will be such a drastic collapse of oil and gas use, or that, as some have suggested, fossil fuel use will be non-existent by the year 2035, that it will create a permanent failure among energystocks; stranded assets, and all of that.
We see the investment reality entirely differently; entirely. The imminent danger is not the collapse of fossil fuel use; the imminent danger is an oil supply shortage and oil price shock.
