Brookfield Renewable Partners L.P. (NYSE:BEP) Q4 2022 Earnings Call Transcript February 3, 2023 Operator: Good day and thank you for standing by. Welcome to the BEP, Brookfield Renewable’s Fourth Quarter Conference Call. I would now like to hand the conference over to your speaker today Connor Teskey, Chief Executive Officer. Please go ahead. Connor Teskey: […]
One of the secondary consequences of Russia’s invasion of Ukraine was the impact of environmental, social, and governance (ESG) initiatives, negatively affecting even the most highly rated ESG companies. Essentially, the war sparked immediate demand for weaponry, resulting in poor outcomes for the environment. However, unprecedented support for Ukraine may also undergird international policymakers’ hopes for a quicker end to the crisis. If so, the global community can then focus on what matters
Renewable energy stocks represent a necessary mechanism to address environmental viability. According to NASA, the “…potential future effects of global climate change include more frequent wildfires, longer periods of drought in some regions, and an increase in the duration and intensity of tropical storms.” Still, this sector doesn’t concentrate exclusively on the science of climate change. Rather, renewable energy stocks legitimately offer potential upside rewards for prospective stakeholders.