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Winter is Coming Episode 9 | Greg Sharenow, Managing Director and Portfolio Manager for Commodities and Real Assets, PIMCO

SmarterMarkets™

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Investing in the Oil Sector?

The energy transition as it's conceptualized requires moving a pretty big change in the commodities landscape. We're going to go into pricing carbon, decreased use of fossil fuels, increased use of metals and minerals like copper, nickel,. lithium, cobalt for electric vehicles and renewable power generation. So I think we're not going to see a phase out of retirement of trading and investing opportunities in traditional energy because we have yet to prove that the world can move off any.

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