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As China reopens, what’s ahead for commodities in 2023?

Goldman Sachs Exchanges

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Esg

When energy prices were as high as they were, renewables started looking more attractive on a cost basis. Green hydrogen or clean tech was down similar to what the big tech was down over that time period anywhere from 30 to 50%. And part of the reason for that is the relative returns in a higher interest rate environment for old economy start to look much better.

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