In a significant shift within the U.S. energy landscape, renewable energy giant NextEra Energy has surpassed ExxonMobil in market value, a development marking investor confidence in clean energy's future. Despite Exxon's higher revenue, NextEra’s wind and solar operations have driven impressive profit margins and stock performance, underscoring investor preference for sustainable solutions. Columbia Business School’s Bruce Usher notes that capital is increasingly flowing toward renewable energy due to strong returns, not policy shifts.
Discover why this trend signals a long-term pivot in energy investments: Read the full article.
Mentioned Faculty
Bruce Usher
Bruce Usher is a Professor of Professional Practice and the Elizabeth B. Strickler '86 and Mark T. Gallogly '86 Faculty Director of the Tamer Institute for Social Enterprise and Climate Change at Columbia Business School. The Tamer Institute educates on the use business knowledge, entrepreneurial skills, and management tools to address social and environmental challenges. Professor Usher teaches courses on climate change, finance and business, and is a recipient of the Singhvi Prize for Scholarship in the Classroom, the Lear Award, and the Dean’s Award for Teaching Excellence.