Argonaut’s Barry Norris, whose fund has been making money by shorting renewable energy firms, joins Merryn Talks Money to explain.
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Earlier this week, the UK government announced a 66% increase in guaranteed prices for future offshore wind farms as it seeks to spur more renewable energy development. According to Barry Norris, the need for such a massive increase came as no surprise. The founder and chief investment officer of UK hedge fund Argonaut Capital Partners joins this week’s Merryn Talks Money to explain why.
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