In the Press / 02.11.2016
“Be selective about new technology, and don’t write off fossil fuels yet,” writes Anne Kates Smith for the March edition of Kiplinger’s Personal Finance. Before launching into a question-and-answer interview with Matthew Weatherley-White of Caprock.
Smith: Why have alternative energy stocks performed so poorly?
Weatherley-White: Everyone recognizes that the solution to a high-carbon economy is alternative energy. But making a bet on a specific company is a high-risk proposition. Twenty-five years ago, everyone agreed that computerization would accelerate. But think of the losses for people who bet on Wang Labs [which went bankrupt in 1992]. That had nothing to do with the computerization of society, but everything to do with the uncertainty of computing. We’re at the exact same place with alternative energy.READ MORE