With energy prices continuing to climb due to threats of low supply, investors may be keen to look at green energy stocks in the stock market today. As many countries have already pledged to be carbon neutral by mid-century under the Paris Agreement, investors are looking at top green energy stocks that could cruise along this momentum. Of course, the delays in the passage of U.S. infrastructure bills has slowed down the development of clean energy solutions. Not to mention, rising bond yields have also put some pressure on some of these alternative energy names.
Near-term issues aside, this section of the stock market is still worth a look for investors wanting to play the long-term transition to green energy. After all, the sector is in the position to benefit from strong trends for clean energy, renewable resources and decarbonization. Green energy companies that can take advantage of these tailwinds could see higher growth rates in the long run.
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