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Real Assets Adviser

July 1, 2015: Vol. 2, Number 7



The Cleantech Syndicate: Ultra-wealthy family offices bet big on renewables, even as they rake in rewards from fossil fuels

Author: Mike Consol

Any rich person’s investment portfolio is sufficiently well oiled to have capitalized lavishly on the robust U.S. energy sector. I’m talking about fossil fuels and the way the hydraulic fracturing (or “fracking”) revolution has catapulted the United States from a vulnerable energy-dependent state into the world’s number one producer of oil (having surpassed Saudi Arabia) and natural gas (having more recently surpassed Russia) to assume those dual crowns.

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