Quote:
Originally Posted by Leondros
The other reason they give which I think it more important is regulatory. There are more projects in the review stage than in service. Same issues plagued oil and gas for decades.
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This is very true in Western countries, less so elsewhere. One big issue is speculative applications where one project will put in a whole bunch of applications hoping for approval then put the project together afterwards. But if we're talking about stock prices this issue has been plaguing the industry for a decade so I'm not sure it correlates well