EQT Flare-Off Top Somebody tell Toby Rice Sell Them Shares
What Is Tragedy of the Commons?
The tragedy of the commons is an economics problem in which every individual has an incentive to consume a resource, but at the expense of every other individual—with no way to exclude anyone from consuming. Initially it was formulated by asking what would happen if every shepherd, acting in their own self-interest, allowed their flock to graze on the common field. If everybody does act in their apparent own best interest, it results in harmful over-consumption (all the grass is eaten, to the detriment of everyone)
Popular support for alternative energy has been very high for years. But it harms corporate profits.
The top is near for the fossil fuel energy mini-cycle, demand destruction will be the narrative this summer
The tragedy of the commons is an economics problem in which every individual has an incentive to consume a resource, but at the expense of every other individual—with no way to exclude anyone from consuming. Initially it was formulated by asking what would happen if every shepherd, acting in their own self-interest, allowed their flock to graze on the common field. If everybody does act in their apparent own best interest, it results in harmful over-consumption (all the grass is eaten, to the detriment of everyone)
Popular support for alternative energy has been very high for years. But it harms corporate profits.
The top is near for the fossil fuel energy mini-cycle, demand destruction will be the narrative this summer
Note
much stronger breakout/ fake-out structure than first guess
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.