Why the Hottest Solar Energy Stock May Cool Down - Nasdaq
Why the Hottest Solar Energy Stock May Cool Down | The Motley Fool
The one solar energy company that's been insulated from the downturn in the market has been First Solar ( FSLR 0.44%), and it's done so by being focused on unique technology and the utility-scale market. But the dynamics that have insulated First Solar are starting to shift, which Travis Hoium covers in this video.
*Stock prices used were end-of-day prices of April 4, 2024. The video was published on May 6, 2024.
Related Knowledge Center: Climate economics
Climate change is now a driver of the world’s economy. The impact is profound:
- Catastrophic weather events — hurricanes, floods, droughts, high temperatures — are more frequent and more extreme. The cost can be measured in both the initial damage caused and the longer-term impact on the economy.
- Vulnerable communities are increasing climate-related investments, hardening infrastructure and taking other protective measures.
- Investment in carbon capture and storage technologies is increasingly rapidly.
- Governments are making investments and crafting regulations to reduce emissions of carbon dioxide and other greenhouse gases.
On top of all of this is the cost of uncertainty. As the Fourth National Climate Assessment, released in 2018 by the U.S. Global Change Research Program, says, “The assumption that current and future climate conditions will resemble the recent past is no longer valid.”