Loading...
Market
Will hedge funds maintain net short position on green tech stocks through Q1 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Financial reports and analysis from reputable financial news outlets such as Bloomberg or Reuters
Story
$5 Trillion Hedge Funds Bet Against Clean Energy, Threatening Climate Goals
Oct 21, 2024, 09:10 AM
Hedge funds are piling up significant bets against clean energy and green technology stocks, marking a substantial shift that could hinder global efforts to combat climate change. The $5 trillion hedge fund industry is increasingly net short on key sectors of the green economy, including companies involved in batteries, electric vehicles, solar energy, and other renewable technologies. An analysis of over 500 hedge funds' bets reveals this trend, despite substantial climate stimulus from governments in the US and Europe. This move by Wall Street may prove more damaging than political pushback over 'woke' capitalism, potentially undermining the global battle against climate change amid culture wars and a hostile geopolitical environment.
View original story
Similar markets
Above 20% • 25%
15% - 20% • 25%
10% - 14.99% • 25%
Below 10% • 25%
Less than $2 billion • 25%
$2 billion to $5 billion • 25%
$5 billion to $8 billion • 25%
More than $8 billion • 25%
Two Sigma • 25%
Bridgewater • 25%
Renaissance Technologies • 25%
Citadel • 25%
Chinese stimulus measures • 25%
Adverse weather conditions • 25%
Geopolitical risks • 25%
Other factors • 25%
Increase by >10% • 25%
Increase by <10% • 25%
Decrease by <10% • 25%
Decrease by >10% • 25%
Tech sector outperforms the market • 25%
Tech sector underperforms the market • 25%
Tech sector performs similarly to the market • 25%
Mixed performance within tech sector • 25%
Increased significantly • 25%
Slight increase • 25%
Slight decrease • 25%
Decreased significantly • 25%