Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a summary of a detailed note available to paid subscribers.
The political risk of renewable energy investment has dominated every green cycle. Demand driven by legal and regulatory compliance plagued firms with unreliable revenue streams. In 2023, The Rabid Capitalist identified the launch of the final stage of the green investment cycle when losses and write-downs are realized (see https://therabidcapitalist.com/2023/10/17/the-green-cycle-has-turned-red/). The foreseeable disappointing investment returns and ensuing capital flight have persisted to this day. The global transition to renewable energy will be delayed as a result.
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