The “Clean Energy” Collapse: Hedge Fund Manager Declares the Obvious
6th March 2025
It’s finally happening. After years of government subsidies, media cheerleading, and financial markets propping up a house of cards, a hedge fund manager has come forward to say what many of us have known all along: the so-called clean energy sector is “dead for now.” Nishant Gupta, founder and chief investment officer at London-based Kanou Capital LLP, didn’t mince words when describing the dire state of solar, wind, hydrogen, and fuel cell investments.
“The whole sector… is dead for now,” Gupta stated plainly?. This marks a turning point—when even those inside the financial world, who have long played along with the green energy narrative, admit that the numbers simply don’t add up.
It’s no secret that the clean energy sector has been in trouble. Over the past year, the S&P Global Clean Energy Index has plummeted by 20%, while the broader S&P 500 has gained 16%?. That’s a devastating underperformance, especially in an industry that was supposed to be on the cusp of taking over the world.