RE: Newspeak21 Jul 2022 13:12
Investing in the "Not that green Energy" is fine very costly and a long time before they see a profit from it, Typical wind turbine costs approx £8m and don't see a profit until the 7th year of production, But then how long have you got before it needs replacing (land fill the non recyclable blades ) ?
We oil investors are just about to see massive profits for the next few years at least while these new energy supplies take some of the pressure off fossil fuels.
I may look to invest in the green energy movement in the future but for now, I'll take the money.
Who knows Enquest may be one of the leaders in the transition in the future, specially with the amount of cash they will have available to invest.