NextEra Energy , the nation's largest renewable energy company, briefly surpassed Exxon in market capitalization on Friday, according to UBS. That made NextEra the most valuable company among all US energy and utility stocks. It's a stunning feat given that Exxon was the most valuable publicly-traded company on the planet as recently as 2013. By Monday afternoon, Exxon had a market value of $142.2 billion, about $1 billion more than NextEra.
Exxon has lost more than half of its value this year alone."This is an oil crash of unprecedented intensity," Molchanov said. Clean energy stocks are boomingExxon is hardly the only oil company under pressure. The Energy Select Sector SPDR Fund is down by a staggering 50% this year. Top holdings include Exxon, Chevron and Schlumberger .
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Why is California having rolling blackouts with surplus solar power? It must be transmission lines unable to handle load into dense areas?
Why the hell would you hit a milestone, wouldn't you pass it or reach it but hitting it seems like unnecessary vandalism to me. I really don't think you know what milestones are.
Armenia and those who support the occupation policy of this state, support terrorism, separatism, destabilization of the situation and violation of security in the world, trample the norms of international law. 🇦🇿🇦🇿🇦🇿🇦🇿🇦🇿🇦🇿
There is no “green energy revolution”, we will not be getting away from what we currently use anytime soon.
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