Politics of Energy- Earnings: CPX, AQN, BEP, INE

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The COVID pandemic is dominating the news, but there are other issues. Worth watching heading into the post-COVID world is; the pivot in the power generation sector to new technologies, and political landscape leading up to the US midterm elections this coming November. For the short term, and from a purely financial perspective, the latest virus variant is stalling central banks from raising interest rates. Markets like low interest rates. While central banks waiver, energy and political trends in the US are taking shape.

The petroleum energy sector is recognizing the need for carbon reduction plans to keep up with the new technologies in the electric power sector. The US mid-term elections are shaping up to be a referendum on energy that is testing democracy. The political gyrations ahead have the capacity to become exciting. In the US, the world's largest economy, there are possible irreconcilable differences between the right and left that could make for an interesting ride.

Petroleum has been the comeback kid, proving that fossil fuels are still a necessity. The transition to electrification is moving ahead full tilt, changes in the past six months are evident from reading corporate filings. This week's updates include 4 energy companies on this path.

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