Ethical exclusion of shares costs us something – as does offshore wind
Gunnar S. Eskeland: Lack of profitability in offshore wind cannot be solved with subsidies. Minister of Finance Jens Stoltenberg is not being flippant when he says that.
The hypothesis of efficient markets finds some support in the fact that empirical studies diverge, but still: Among good studies, there is a certain annoying preponderance that finds high profitability in ethically burdened or polluting businesses, Gunnar S. Eskeland writes.
His feature article Etisk eksklusjon av aksjer koster oss noe – slik havvind også gjør (in Norwegian) was published in Dagens Næringsliv on 22 May, 2025.