In 1981, the post-punk band New Order released an eerie single, “Everything’s Gone Green.” Known for their bizarre but occasionally profound lyrics, one particular refrain has relevance for green and environmental investing in 2024: “It feels like I’ve been here before.”
That’s the tune the market will sing this year, claims Jeff Currie, a famous “commodities guru” who stepped down from his role as head of commodities research at Goldman Sachs last August, ending a storied 27-year career at the investment bank. Even now, Currie remains one of the most respected commodities experts in the world—and he sees the green landscape of pre-inflation times returning, with energy prices set to rise in 2024.
