div > div.group > p:first-child"> Meanwhile, forward-looking impact investors hate the problems of burning coal and its financial downside – and love portfolios of companies and funds pursuing climate solutions, which can have stronger returns.
Trump's August 2018"affordable clean energy" rule seeks to transfer pollution-control laws to the states, likely to result in more polluted air and rivers. But savvy fossil-fuel-free-focused investors are trumping this by avoiding the 18 percent drop in coal stocks since then, compared to the S&P 500's flat performance over the eight months from July 28, 2018, to March 27, 2019.
For example, Etho avoided Volkswagen when analyzing the carbon emissions of its supply chain, according to Monroe. Meanwhile, Trump loves fossil fuels, including diesel gasoline. So why are everyday investors and 401 plan participants looking at fossil-fuel-free as an investment opportunity? The U.S. Department of Labor revised its guidance to 401 fiduciaries in April 2018 by emphasizing economic and financial criteria first before any environmental, social or governance criteria. This reversed progressive policies on ESG in retirement plans from President Barack Obama's then Secretary of Labor Tom Perez in 2016.
"Investing in fossil-free portfolios is putting my money where my mouth is and represents my optimism about our ability to achieve a clean-energy future," Magnuson added.
Big J Trump
Lies are big business, just look at Al Gore and Carbon credits, so it's OK to pollute you just have to pay someone, so I take it the 12 years until death is hyperbole? fakenews
That's wonderful news. Government did not cause climate change and could never eliminate it. Total fools gold. Glad the free market is continuing to invest in balancing our energy portfolio.
Wow. 12 trillion?!? I guess we don’t need the government to do anything after all.
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Source: Reuters - 🏆 2. / 97 Read more »