Why Aren’t Wind Stocks Soaring?

Offshore wind farms are proliferating around the world in pursuit of the shift to clean energy. Viewed almost as perpetual motion machines, virtually every country with a coastline is planning to install the giant turbines that will capture the wind and convert it to electrical energy for powering homes and businesses onshore.

Rystad Analyst firm, Rystad notes that “the combined capital and operational expenditure for the decade is set to add up to an eye-popping $810 billion, signaling an increasing shift of investments from oil and gas…