Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Sustainable hydrogen company Powerhouse Energy Group’s share price, for example, may have gained 1,785% in 2020, but it has fallen 59.86% so far this year .
The UK has been no slouch either, with the government setting the world’s most ambitious target — a 78% cut in emissions by 2035 compared to 1990.
Good Energy’s share price has surged 28.85% since the start of 2021.
Domestic customers slipped 4.7% to 132,000 year-on-year, but that was offset by a 9% growth in business customers.
Drax Group’s share price is up over 10% this year and over 110% over the past 12 months.
While the power company ended up making a loss last year, Simply Wall Street notes that for the past five years revenue has been growing 11% per year, and if it can maintain this revenue growth then “it’s likely profits will flow”.
Following a shareholder vote in July 2020, Bluefield Solar is expanding beyond solar, moving into wind, hydro and battery storage.
Bluefield Solar’s share price has been trading flat since the start of the year and is below its 132.29p 50-day moving average.
In total, 196 countries have now signed the historically and legally binding Paris Climate Agreement, with the US rejoining the fold this year.
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You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.