Sunday, January 17, 2021
GMO test
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Investing
  • Business
    • Corporate Culture
    • Leadership
    • Marketing
    • Supply Chains
  • Economy
    • Jobs
    • The Green Economy
    • GDP
  • Energy
    • Solar
    • Wind
    • Fossil Fuels
    • Renewables
  • Environment
    • Emissions
    • Wildfires
    • Biodiversity
    • Extreme Weather
  • Technology
    • Food
    • Health
    • Buildings
    • Renewables
    • Carbon Capture
    • Transportation
    • Climate Change
  • Social Change
    • Activism
    • Education
    • Psychology
No Result
View All Result
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Investing
  • Business
    • Corporate Culture
    • Leadership
    • Marketing
    • Supply Chains
  • Economy
    • Jobs
    • The Green Economy
    • GDP
  • Energy
    • Solar
    • Wind
    • Fossil Fuels
    • Renewables
  • Environment
    • Emissions
    • Wildfires
    • Biodiversity
    • Extreme Weather
  • Technology
    • Food
    • Health
    • Buildings
    • Renewables
    • Carbon Capture
    • Transportation
    • Climate Change
  • Social Change
    • Activism
    • Education
    • Psychology
No Result
View All Result
GMO test
No Result
View All Result
Home Uncategorized

Fossil Free Investment Resources

by Richard Matthews
October 7, 2014
in Uncategorized
0

There are now a number of firms who are helping investors to move away from fossil fuels. While investing in fossil fuels and associated industries was once the bedrock of a sound investment strategy, there is a growing awareness that these investments are approaching the end of their life cycle.



Investors cannot ignore the overwhelming body of climate science that links the burning of fossil fuels to the economic catastrophe of climate change. Investors are also concerned about a large and growing number of governments, businesses, institutions and people who are demanding that we transition away from fossil fuels.



Governments around the world are also supporting emissions reductions efforts, carbon pricing schemes and support for renewable energy. The burning of fossil fuels is also a health issue which is clearly linked to asthma, coronary heart disease and respiratory disorders. That is why some healthcare professionals are at the forefront of divestment.



However, the strongest argument for fossil free investments is a purely financial one that is supported by a number of respected figures including the former SEC Commissioner Bevis Longstreth. As he explained investing in fossil fuels makes no sense in the context of expected governmental restrictions on carbon, advances in clean alternatives, growing public awareness about the dangers of high carbon fuels, investor actions to curtail high carbon investments and reputational risks.



Investors are beginning to change their focus. Driven by a new appreciation of risk assessment and concerns about investors are now integrating a wealth of additional considerations into their investment choices.



This new approaches increasingly factors sustainability into the value equation calculus. Investors are asking about the impact their investments will have on the environment and on people. They understand that investments that harm people and the planet are risky.



Going fossil free is one of the chief concerns from investors who are worried about three things:



1. carbon bubble 
2. carbon budget 
3. stranded assets and the carbon bubble.



A number of reports have made the case for fossil fuel divestment, warning against exposure to the carbon bubble. When we talk about a carbon bubble we are talking about a situation where the true costs of carbon dioxide in intensifying global warming is not taken into account in a company’s stock market valuation. The result is the formation of an economic bubble.



The math driving concerns about the future of fossil fuels is known as a carbon budget. Between 2000 and 2050, the allowable “Carbon Budget” to keep global warming from spiraling out of control (2 degree Celsius of warming) is about 886 gigatons. One third of that amount has already been burned. To stay within our budget, we can burn an additional 565 gigatons by 2050. However, the 200 largest fossil fuel companies, combined with government-owned companies, currently have a total of 2795 gigatons.



This means that we will never be able to extract and burn 80 percent of these reserves if we are to have a hope of keeping global warming within manageable limits. Only 20 percent of the world’s total proven fossil fuel reserves can be burned, so those who do not divest will get stung by an inevitable correction that will result in the what as known as stranded assets.



According to Tim Ratcliffe, European divestment co-ordinator at the campaign group 350.org., “fossil fuel companies are currently grossly overvalued. Eighty percent of their oil, coal and gas reserves need to stay underground to limit global warming below 2C, which will turn them into stranded assets.” Ratcliffe added, “This makes these investments a highly risky gamble.”



This makes for an uncertain future for fossil fuels and investors deplore such uncertainty. A recent report described such investments as “Risky Business.”



Investing in fossil fuels also makes less sense in the context of a new slate of clean energy investments that are proving to be very lucrative. Impax Asset Management further concludes that even today, fossil fuel free portfolios that include cleaner sources of energy outperform the average portfolio.


In response to these concerns and opportunities there are now a number of firms that help investors go fossil free while at the same time maximizing their returns:


Here’s Gofossilfree.org’s list of financial planners:
  • Capital Intelligence Associates – Santa Monica, Calif.
  • First Affirmative Financial Network  – Colorado Springs, Colo.
  • Natural Investments – Many locations
  • Progressive Asset Management, Inc.
    – Oakland, Calif.
  • Quantum Financial Planning, LLC –
    Grayslake, Ill.

Here are some fossil-free mutual funds
from 
Greenamerica.org:

  • Green Century Balanced Fund
  • Portfolio 21
  • Pax World Global Environmental Markets
    Fund
  • Access Capital Community Investment
    Fund
  • CRA Qualified Investment
    Fund

Related
Risk Assessment Causes Swedish Pension Fund to Divest from Fossil Fuels
Why You Should Divest from Fossil Fuels and Invest in Clean Energy
Infographic – Why You Should Sell Your Fossil Fuel Stock Now (DC Divest)
Divesting from Fossil Fuels will Soon be a Fiduciary Duty
Rockefeller Brothers Fund to Divest from Fossil Fuels
The Global Divest-Invest Coalition and Campaign

Financing the Low Carbon Economy: The 2014 Clean Trillion Report
Investor Resolutions Focus on Climate Change and Sustainability

Alternative Energy Stocks and Risk Mitigation
Investors are Embracing Green
The Implications of Climate Science for Investors
Factors Driving the Growth of Responsible Investing
Return on Environmentally and Socially Responsible Investments
10 Green Sectors Attracting Investments
Responsible Investing Incorporating ESG Factors
Video – The Impact of Investing
Video – Tom Van Dyck on Socially-Responsible Investing for Long Term Safety and Returns
Stock Exchanges Increasingly Mandating Sustainability Reporting
A Company’s Environmental Comportment Impacts Stock Valuations

ShareTweetShare
Previous Post

Climate Change May Reduce the Ratio of Men to Women

Next Post

Infographic – Stranded Fossil Fuel Assets

Related Posts

Unprecedented Wildfires in 2020 are Connected to Climate Change

by Richard Matthews
December 29, 2020
0

The intense wildfires that raged across the Western U.S., South America, and Australia in 2020 are being attributed to climate change. What makes these fires unprecedented is their size and...

American Courts are Defending Democracy and the Environment

by Richard Matthews
December 14, 2020
0

Despite unprecedented challenges, America's legal system has held. In recent weeks the courts have repeatedly defended democracy and in the last four years they have overturned a wide range of environmental...

Boycott Culture and Brand Influence During Trump’s Presidency and Beyond

by Richard Matthews
December 8, 2020
0

Brands wield enormous influence over popular culture and whether they are pursuing core social values or trying to preempt boycotts, brands are finding it harder to ignore social, environmental and political...

Next Post

Infographic - Stranded Fossil Fuel Assets

Leave a Reply Cancel reply

Follow Us

  • Facebook
  • Twitter
  • Email
  • LinkedIn
  • Reddit
  • SoundCloud

Subscribe to the Blog

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Business

Corporate America’s Break Up with Trump & the GOP

by Richard Matthews
January 15, 2021
0

Resistance to Donald Trump started shortly after he announced his intention to run for public office, but it was not...

Read more

Climate Change is Fueling Deadly Extreme Weather and Costly Climate Disasters

January 13, 2021
protected areas and new species on the map of the world

Summary of Positive Biodiversity Stories

January 11, 2021
images of extreme weather events

Long Term Warming Trends Tell Us What We Need to Know

January 9, 2021

Trump Leads an Insurrection after He and the GOP are Rejected in a Historic Election

January 7, 2021
  • Business
  • Economy
  • Energy
  • Environment
  • Investing
  • Politics
  • Technology
  • Social Change

© 2021 Copyright The Green Market Oracle.

No Result
View All Result
  • Business
    • Corporate Culture
    • Leadership
    • Marketing
    • Supply Chains
  • Economy
    • GDP
    • Jobs
    • The Green Economy
  • Energy
    • Fossil Fuels
    • Renewables
    • Solar
    • Wind
  • Environment
    • Emissions
    • Biodiversity
    • Extreme Weather
    • Wildfires
  • Investing
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Technology
    • Buildings
    • Carbon Capture
    • Climate Change
    • Food
    • Transportation
    • Health
    • Renewables
  • Social Change
    • Education
    • Activism
    • Psychology
    • Marches

© 2021 Copyright The Green Market Oracle.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In