Hedge Fund Boss Barry Norris's ‘Moral Case’ for Fossil Fuel Investing

Argonaut’s Barry Norris, whose fund has been making money by shorting renewable energy firms, joins Merryn Talks Money to explain.Links of research/stories referenced in the show and aftershow: https://www.argonautcapital.co.uk/stockumentaries/2023/10/26/britains-a-goner-with-the-wind/https://www.these-islands.co.uk/publications/i390/an_inconvenient_fact.aspxhttps://www.gov.uk/government/news/boost-for-offshore-wind-as-government-raises-maximum-prices-in-renewable-energy-auction https://www.bloomberg.com/news/articles/2023-11-14/siemens-energy-secures-15-billion-deal-to-shore-up-financeshttps://www.bloomberg.com/news/articles/2023-10-27/faulty-wind-turbines-become-germany-s-16-billion-problem Link to Money Distilled newsletter: https://www.bloomberg.com/account/newsletters/uk-wealthSee omnystudio.com/listener for privacy information.

Om Podcasten

Merryn Talks Money with Bloomberg senior columnist Merryn Somerset Webb is your key to understanding how markets work – and how you can make them work for you. Every episode features a relaxed but in-depth conversation with a fund manager, a strategist, a Bloomberg expert or just someone Merryn finds particularly interesting in any given week. Listen in for the kind of insights and explanations everyone can use to help them make better saving and investing choices.