Prices have been on an upward trajectory in 2021, with oil leading the pack. Factors such as increased demand facing reduced supply led to crude prices jumping nearly 45 percent during the first half of the year. Will it hit the milestone of $100 per barrel soon? Some experts predict it will, while others hold more reserved expectations.
International Energy Agency (IEA)
Investors committed to advancing environmental sustainability are flocking to cleantech investing. Cleantech is finding growing acceptance as green goals infiltrate private and public sectors, ushering in a host of investment opportunities as the focus turns from traditional non-renewable sources of energy to clean and green alternatives.
The push to transition from fossil fuels to renewables for power generation has been motivated largely by environmental concerns. But today, dollars and cents are increasingly supporting the transformation drive, as renewable-energy sources become much more cost-effective, even outmatching fossil fuels in value per dollar. Forecasts predict that new power generation through renewables—especially solar, wind, hydroelectric—will soon outstrip fossil fuels, attracting growing interest from governments, banks and investors.
Few commodities have experienced more pronounced volatility over the last few years than cobalt. This versatile, ferromagnetic metal has been increasingly sought after in recent times, thanks in no small part to its use in lithium-ion batteries