The stock market is a resource allocation tool, and this is shareholders saying they expect the future expected dividends of environmentally unfriendly companies to be lower than previously expected.
>and this is shareholders saying they expect the future expected dividends of environmentally unfriendly companies to be lower than previously expected.
And on the other end it's new shareholders (buyers) saying they expect the dividends of environmentally unfriendly companies to be higher than previously expected. How does it net out?
And on the other end it's new shareholders (buyers) saying they expect the dividends of environmentally unfriendly companies to be higher than previously expected. How does it net out?