Shares of power producers fell sharply as traders rotated into more economically sensitive sectors.
Too much capital is chasing climate-technology companies that are too early in their development or seek to make products that will be too expensive compared to more carbon-intense alternatives, said Tom Chi, founding partner of venture-capital firm At One Ventures.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
11-08-23 1727ET
