The key fact is that
over timeframes above a year, both performance and prices tend to mean revert.
Not exact matches
Deep cuts in emissions will require signals that the CO2 price at $ 30 or
above is here to stay and that the caps on emissions will be imposed and become ever stricter each year
over decadal
timeframes.
Most importantly, valuation considerations were not made as I simply ran each company
over the
timeframes listed
above.
But an allocation like I've outlined
above is a pretty good balance of risk and reward
over that
timeframe.
Deep cuts in emissions will require signals that the CO2 price at $ 30 or
above is here to stay and that the caps on emissions will be imposed and become ever stricter each year
over decadal
timeframes.