As an almost immediate result of sanctions put on Russia, commodity and energy prices (as well as food prices, given that Russia and Ukraine are major food exporters) have risen dramatically and are likely to remain high. This led to a push in inflationary pressure and energy related stocks, including alternative energy stocks. In the short term, ESG concerns may have to give way to an increase in demand for traditional energy productions.
The sanctions on Russia are causing countries to rethink their dependency on the nation, specifically in terms of energy and commodity supply. This has led to many government officials, as well as consumers, pushing toward structural changes in their supply chain management. Thus potentially benefitting clean energy companies over the long run.
The potential benefactors of recent events are primarily companies focussed on renewable, alternative energy. Some noteworthy sectors and companies are:
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