Hedge Funds Struggle as Green Stocks Crash

Donald Trump’s second presidency has unquestionably upended the energy world—and the energy investment world. With the IRA in deep freeze and rollbacks of various climate change-related regulation, some of the biggest players in financial markets are feeling the heat. Hedge funds with a focus on energy have found themselves in a juggling act on a tightrope. Bloomberg wrote this week that a lot of money managers were scrambling to strike the right balance between investors who were still insistent that emission-cutting commitments were…