{"id":368951,"date":"2025-03-07T06:42:33","date_gmt":"2025-03-07T05:42:33","guid":{"rendered":"https:\/\/climatescience.press\/?p=368951"},"modified":"2025-03-07T06:42:34","modified_gmt":"2025-03-07T05:42:34","slug":"the-clean-energy-collapse-hedge-fund-manager-declares-the-obvious","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=368951","title":{"rendered":"The \u201cClean Energy\u201d Collapse: Hedge Fund Manager Declares the Obvious"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

<\/p>\n\n\n\n

From Watts Up With That?<\/a><\/p>\n\n\n

\n
\"\"
https:\/\/www.bloomberg.com\/news\/articles\/2025-03-03\/hedge-fund-built-on-energy-bets-says-clean-is-dead-for-now<\/a><\/figcaption><\/figure>\n<\/div>\n\n\n

It\u2019s finally happening. After years of government subsidies, media cheerleading, and financial markets propping up a house of cards, a hedge fund manager has come forward to say what many of us have known all along: the so-called clean energy sector is \u201cdead for now.\u201d Nishant Gupta, founder and chief investment officer at London-based Kanou Capital LLP, didn\u2019t mince words when describing the dire state of solar, wind, hydrogen, and fuel cell investments.<\/p>\n\n\n\n

\u201cThe whole sector\u2026 is dead for now,\u201d Gupta stated plainly\u200b. This marks a turning point\u2014when even those inside the financial world, who have long played along with the green energy narrative, admit that the numbers simply don\u2019t add up.<\/p>\n\n\n\n

It\u2019s no secret that the clean energy sector has been in trouble. Over the past year, the S&P Global Clean Energy Index has plummeted by 20%, while the broader S&P 500 has gained 16%\u200b. That\u2019s a devastating underperformance, especially in an industry that was supposed to be on the cusp of taking over the world.<\/p>\n\n\n\n

Gupta cites several reasons for the industry\u2019s collapse, including high interest rates, supply chain struggles, and what he calls \u201cpolitical headwinds\u201d in the U.S. The latter is a reference to the Biden administration\u2019s green agenda losing steam, and with the Trump administration poised to undo climate-focused regulations, green investors are panicking\u200b.<\/p>\n\n\n\n

In simple terms, the entire \u201cgreen energy revolution\u201d has been built on a foundation of government intervention rather than market fundamentals. Now, as subsidies and mandates run into reality, the industry is showing just how weak it really is.<\/p>\n\n\n\n

Gupta is not alone in his assessment. The market is making its judgment clear. Take Sunnova Energy, a solar company that just saw its stock price crash by a staggering 71%\u200b. The supposed transition to green energy has hit a wall, with traditional green darlings like Orsted A\/S also suffering major setbacks.<\/p>\n\n\n\n

Even hydrogen, which was supposed to be the next big thing, is floundering due to persistently high costs. Turns out, running an economy on a fuel that takes more energy to produce than it provides isn\u2019t the magic solution politicians claimed it would be\u200b.<\/p>\n\n\n\n

If green energy is failing, what\u2019s next? According to Gupta, energy investments will continue, but not in the way climate activists might hope. His hedge fund is looking at supply-chain-related opportunities, particularly companies that focus on efficiency improvements rather than outright green energy production.<\/p>\n\n\n\n

Gupta\u2019s picks include Ingersoll Rand, a company specializing in energy-efficient air and gas compressors, and Legrand SA, which benefits from rising electricity demand driven by electric vehicle chargers and heat pumps\u200b. In other words, while the climate policy crowd insists on windmills and solar panels, the real money is in companies that deal with the inefficiencies their policies create.<\/p>\n\n\n\n

For years, climate activists, politicians, and corporate ESG warriors have been telling the world that fossil fuels were on their way out, and that renewables would take over. They created a fantasy land where economics, engineering, and basic supply-and-demand principles didn\u2019t apply.<\/p>\n\n\n\n

Now, reality is catching up. As investors pull their money from failing clean energy ventures, the only question left is how much taxpayer money will be wasted before the political class admits defeat.<\/p>\n\n\n\n

Gupta\u2019s declaration isn\u2019t just a market insight\u2014it\u2019s a confirmation that the laws of physics and economics still apply, no matter how much wishful thinking governments engage in. The \u201cclean energy revolution\u201d may not be completely dead, but it\u2019s certainly on life support. And as the world\u2019s energy needs continue to grow, reliable and affordable energy sources\u2014not politically driven experiments\u2014will win the day.<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

It\u2019s finally happening. After years of government subsidies, media cheerleading, and financial markets propping up a house of cards, a hedge fund manager has come forward to say what many of us have known all along: the so-called clean energy sector is \u201cdead for now.\u201d Nishant Gupta, founder and chief investment officer at London-based Kanou Capital LLP, didn\u2019t mince words when describing the dire state of solar, wind, hydrogen, and fuel cell investments.<\/p>\n","protected":false},"author":121246920,"featured_media":368955,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[691818336,691818854,691819262,691818118,691818219,691833677],"class_list":["post-368951","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-biden-administration","tag-government-subsidies","tag-green-agenda","tag-green-energy","tag-high-costs","tag-media-cheerleading","fallback-thumbnail"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/03\/wind-turbine-catches-fire.jpg?fit=1280%2C720&ssl=1","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paxLW1-1xYP","jetpack-related-posts":[{"id":442597,"url":"https:\/\/climatescience.press\/?p=442597","url_meta":{"origin":368951,"position":0},"title":"How the Free Market Cancelled BP\u2019s Renewable Energy Push","author":"uwe.roland.gross","date":"05\/04\/2026","format":false,"excerpt":"BP scaled back its aggressive renewable energy push primarily due to poor financial returns, shareholder pressure, and activist investors enforcing capital discipline through market mechanisms\u2014not government mandates or ideology.","rel":"","context":"In \"British Petroleum (BP)\"","block_context":{"text":"British Petroleum (BP)","link":"https:\/\/climatescience.press\/?tag=british-petroleum-bp"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/05\/0-How-the-Free-Market-Cancelled-BPs-Renewable-Energy-Push.jpg?fit=1168%2C784&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/05\/0-How-the-Free-Market-Cancelled-BPs-Renewable-Energy-Push.jpg?fit=1168%2C784&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/05\/0-How-the-Free-Market-Cancelled-BPs-Renewable-Energy-Push.jpg?fit=1168%2C784&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/05\/0-How-the-Free-Market-Cancelled-BPs-Renewable-Energy-Push.jpg?fit=1168%2C784&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2026\/05\/0-How-the-Free-Market-Cancelled-BPs-Renewable-Energy-Push.jpg?fit=1168%2C784&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":369355,"url":"https:\/\/climatescience.press\/?p=369355","url_meta":{"origin":368951,"position":1},"title":"Green hedge fund executive says the whole Green energy sector is dead","author":"uwe.roland.gross","date":"03\/10\/2025","format":false,"excerpt":"\u201cThe whole sector \u2014 solar, wind, hydrogen, fuel cells \u2014 anything clean is dead for now,\u201d said Nishant Gupta, founder and chief investment officer at London-based Kanou Capital LLP.","rel":"","context":"In \"clean-energy industry\"","block_context":{"text":"clean-energy industry","link":"https:\/\/climatescience.press\/?tag=clean-energy-industry-2"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/03\/01611160.jpg?fit=1200%2C800&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/03\/01611160.jpg?fit=1200%2C800&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/03\/01611160.jpg?fit=1200%2C800&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/03\/01611160.jpg?fit=1200%2C800&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2025\/03\/01611160.jpg?fit=1200%2C800&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":281998,"url":"https:\/\/climatescience.press\/?p=281998","url_meta":{"origin":368951,"position":2},"title":"Right, Fox News, Renewable Energy Subsidies Dominate Federal Energy Handouts","author":"uwe.roland.gross","date":"10\/05\/2023","format":false,"excerpt":"From ClimateRealism By Linnea Lueken and H. Sterling Burnett Fox News posted an article that analyzes a recent\u00a0Energy Information Administration (EIA) report\u00a0which shows that renewable energy subsidies dominate federal energy handouts. This is contrary to claims commonly made by activists and mainstream media sources that green energy is cheaper than\u2026","rel":"","context":"In \"Biden Administration\"","block_context":{"text":"Biden Administration","link":"https:\/\/climatescience.press\/?tag=biden-administration"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/image-85.png?fit=1200%2C667&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/image-85.png?fit=1200%2C667&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/image-85.png?fit=1200%2C667&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/image-85.png?fit=1200%2C667&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/image-85.png?fit=1200%2C667&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":261166,"url":"https:\/\/climatescience.press\/?p=261166","url_meta":{"origin":368951,"position":3},"title":"Sign Here: Corporate Fraudsters Ready to Cash In On Grand \u2018Green\u2019 Hydrogen\u00a0Plans","author":"uwe.roland.gross","date":"06\/07\/2023","format":false,"excerpt":"Loose talk about fast bucks to be made in so-called \u2018green\u2019 hydrogen has shysters salivating. Much like the characters who have profited from the massive subsidies to utterly pointless wind and solar, the hydrogen huckster knows an opportunity when he sees one.","rel":"","context":"In \"Australia\u2019s Eastern Grid\"","block_context":{"text":"Australia\u2019s Eastern Grid","link":"https:\/\/climatescience.press\/?tag=australias-eastern-grid"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/06\/0fww_featured_HydrogenHype1-2880x1200-v2A-1-1980x825-1.png?fit=1200%2C500&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/06\/0fww_featured_HydrogenHype1-2880x1200-v2A-1-1980x825-1.png?fit=1200%2C500&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/06\/0fww_featured_HydrogenHype1-2880x1200-v2A-1-1980x825-1.png?fit=1200%2C500&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/06\/0fww_featured_HydrogenHype1-2880x1200-v2A-1-1980x825-1.png?fit=1200%2C500&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/06\/0fww_featured_HydrogenHype1-2880x1200-v2A-1-1980x825-1.png?fit=1200%2C500&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":274682,"url":"https:\/\/climatescience.press\/?p=274682","url_meta":{"origin":368951,"position":4},"title":"The Green Energy Future Is Arriving Faster Than You Think — Or Not","author":"uwe.roland.gross","date":"08\/20\/2023","format":false,"excerpt":"Among the media sources serving as propagandists and cheerleaders for the \u201cgreen energy transition,\u201d two of the most prominent are the New York Times and Bloomberg News. To get an idea how the \u201ctransition\u201d is going, let\u2019s take a look at the latest from those two.","rel":"","context":"In \"Energy Transition\"","block_context":{"text":"Energy Transition","link":"https:\/\/climatescience.press\/?tag=energy-transition"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/08\/0solarpanel-windturbine-berge-himmel-energie.jpg?fit=1200%2C615&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/08\/0solarpanel-windturbine-berge-himmel-energie.jpg?fit=1200%2C615&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/08\/0solarpanel-windturbine-berge-himmel-energie.jpg?fit=1200%2C615&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/08\/0solarpanel-windturbine-berge-himmel-energie.jpg?fit=1200%2C615&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/08\/0solarpanel-windturbine-berge-himmel-energie.jpg?fit=1200%2C615&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":283132,"url":"https:\/\/climatescience.press\/?p=283132","url_meta":{"origin":368951,"position":5},"title":"Investors are starting to abandon clean green energy as they realize it\u2019s never going to be cheap","author":"uwe.roland.gross","date":"10\/13\/2023","format":false,"excerpt":"Investing in a green transition will lower electricity prices, free funding from entrenched fossil fuel subsidies and create new jobs all over the world is a myth. From JoNova By Jo Nova Image by\u00a0ThankYouFantasyPictures\u00a0from\u00a0Pixabay Kathryn Porter in\u00a0The Telegraph,\u00a0has compiled quite the list of failures as offshore wind projects get frozen\u2026","rel":"","context":"In \"clean green energy\"","block_context":{"text":"clean green energy","link":"https:\/\/climatescience.press\/?tag=clean-green-energy"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/mfrack_realistic_photo_of_solar_energy_market_75b1638c-1ab3-402a-8600-63cc6da72bc5.webp?fit=1200%2C673&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/mfrack_realistic_photo_of_solar_energy_market_75b1638c-1ab3-402a-8600-63cc6da72bc5.webp?fit=1200%2C673&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/mfrack_realistic_photo_of_solar_energy_market_75b1638c-1ab3-402a-8600-63cc6da72bc5.webp?fit=1200%2C673&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/mfrack_realistic_photo_of_solar_energy_market_75b1638c-1ab3-402a-8600-63cc6da72bc5.webp?fit=1200%2C673&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/mfrack_realistic_photo_of_solar_energy_market_75b1638c-1ab3-402a-8600-63cc6da72bc5.webp?fit=1200%2C673&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/posts\/368951","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/users\/121246920"}],"replies":[{"embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=368951"}],"version-history":[{"count":4,"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/posts\/368951\/revisions"}],"predecessor-version":[{"id":368957,"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/posts\/368951\/revisions\/368957"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=\/wp\/v2\/media\/368955"}],"wp:attachment":[{"href":"https:\/\/climatescience.press\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=368951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=368951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/climatescience.press\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=368951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}