Fossil fuels are arguably overvalued even now, at rock bottom prices, because of the carbon bubble—the idea that fossil fuel reserves can’t be burned and stay within the limits dictated by climate science. But government buying these companies shouldn’t be seen as an investment. “Really we’re trying to buy out and dismantle an industry in the name of public good,” Paul says. Fossil fuel companies are incredibly cheap now. “The second thing is we have to really weigh this with the cost of inaction,” he says. “That’s basically incalculable at this point. What I mean by that is the cost of inaction is so high that really the government needs to do everything in its power to eliminate emissions.” … [Read more...] about Big Oil is cheap: Should the government take it over?
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Bank stocks fall: Banking names tumbled with investors fearing that the lockdown triggered by coronavirus would have a serious impact on businesses across sectors, resulting in an increase in bad loans. Kotak Mahindra Bank was down over 8 percent followed by Punjab National Bank, State Bank of India and Axis Bank. … [Read more...] about Taking Stock: Sensex drops 1,200 points on weak global cues; Nifty below 8,300
Singh, who continued to oversee the mammoth operations of ensuring that fuel reaches every nook and corner despite bereavement of his father on the day the 21-day lockdown was declared, said there is no shortage of any fuel in the country and customers should not resort to panic booking of LPG refills. … [Read more...] about No fuel crisis in India; enough stock of petrol, diesel, LPG available to last lockdown: IOC
"Valuations had touched 2000 and 2008 lows on a P/B basis earlier this week, albeit that the return on equity (RoE) levels are lower now than before. So, we could say it did touch close to the lows but a sustainable recovery is only possible if the number of COVID cases peak globally first and then, in India," Suhas Harinarayanan- Head, Institutional Equity Research at JM Financial Institution Securities told Moneycontrol. … [Read more...] about Nifty falls the most in FY20 since 2008 crisis; 5 stocks buck the trend
Unlike the Realme X2 Pro, which can record 4K video at 60 fps, the X50 Pro is limited to 4K video capture at 30 fps. FHD (1080p) video supports up to 60 fps, while you also get Portrait mode for video offering real-time bokeh effect and slow-motion video at upto 960 fps. Additionally, there is an Ultra Steady mode, but it is limited 1080p video capture. You will also have to default to 1080p at 30fps if you want to record videos in ultrawide mode. … [Read more...] about Realme X50 Pro Review: An almost perfect adaptation of a 5G flagship killer