$100 Oil by year end?, page-107

I was just reading a thread on GQG, of course it relates to larger companies, indicates fossil fuels are likely to gain more support:

Such as energy today?

Yes. The good thing about energy is we think ESG is becoming an alpha proposition. There are so many investors who would just not touch these stocks. Whenever investors make non-commercial decisions, that tends to create an opportunity, because it means people are not behaving rationally. I honestly think it’s wrong to just focus on the supply side of energy and force a company like Royal Dutch to be held accountable for how their customers use oil. Which industry should do that? Should banks be held accountable for how their clients use their money? That’s laughable. But that is an aspect that is creating an opportunity. I believe these energy companies have become very disciplined, they are highly cashflow generative at $65 oil. You don’t need $100 oil for the bull case.