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By Fidelity International
Government policy, technological advances, and investor action are forcing change on our carbon-dependent way of life. This transition to a low-carbon world, alongside physical climate risk, introduces potential for losses. But our survey of 151 Fidelity analysts reveals that the path to net zero now offers some sectors more opportunities to profit.
Our analysts believe the utilities sector currently enjoys the best opportunities, given the scale of investment being pumped into green energy. One fixed income analyst says that the transition could also lower the sector’s risks, as long-term renewable power contracts help utilities companies strengthen their credit profiles and reduce their cost of debt. Perhaps...
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