Published on 4 Apr 2024 on Zacks via Yahoo Finance

3 Stocks Poised to Benefit From US Clean Energy Transition

The world is undergoing a significant shift toward cleaner energy sources, driven by the need to address climate change and reduce greenhouse gas emissions. Energy companies are at the crossroads, balancing the transition to renewable energies while still harnessing traditional hydrocarbons to fulfill the growing global energy demand.

For oil and gas companies, transitioning to clean energy is crucial beyond mere regulatory compliance or corporate social responsibility. It is a necessity to maintain resilience and relevance in an evolving low-carbon economy. The past two years have shown that the oil and gas sector can play a pivotal role in shaping the new energy landscape, combining investment in low-carbon technologies and maintaining hydrocarbon production.

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