ADVANTAGES OF GREEN EVERGY INVESTMENT
WHY IS GREEN ENERGY A GOOD INVESTMENT VS. FOSSIL FUELS?
1. Fossil fuels are on their way out, along with legal problems & expense dealing with same. They are a terrible investment.
2. Solar is the future - only getting bigger & better. It is already going Up in the market, is getting cheaper and working more effectively. It is a super investment.
3. Climate Change is real - and all of us will be living with it. Folks at Chase should be taking action towards a livable life for the present and future - because:
a. It is the right & smart thing to do and
b. More and more Chase customers will be disgusted with you if you don't.
SEE INFORMATION, REFERENCES, SOURCES & LINKS BELOW
WHY SOLAR ENERGY STOCKS CAN BEAT THE MARKET AGAIN IN 2021
Contributor Travis Hoium The Motley Fool Published Jan 4, 2021
https://www.nasdaq.com/articles/why-solar-energy-stocks-can-beat-the-market-again-in-2021-2021-01-04 Solar energy stocks have had a great year in 2020, despite a global pandemic that slowed sales and installations mid-year. Shares of SunPower (NASDAQ: SPWR), Sunrun (NASDAQ: RUN), Enphase Energy (NASDAQ: ENPH), SolarEdge Technologies (NASDAQ: SEDG), and Canadian Solar (NASDAQ: CSIQ) are just a few of the stocks that have more than doubled this year.
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WHICH SOLAR STOCKS TO BUY IN THE GREEN RECOVERY
HOW TO PROFIT FROM THE SOLAR 'GOLD RUSH'
By Luke Lango, InvestorPlace Senior Investment Analyst Dec 3,
2020https://investorplace.com/hypergrowthinvesting/2020/12/solar-stocks-to-buy-green-recovery/
Just last month, the International Energy Agency (IEA) announced some groundbreaking news. They said that solar energy is taking over the world. OK… the IEA didn’t say that word-for-word. But they may as well have, because what they did say word-for-word in their 464-page 2020 annual energy outlook report is this: “…solar [energy] is now the cheapest source of electricity in history.” What more do solar bulls need? In 2020, all the economic and sociopolitical drivers you could ask for have shown up to party. You have widespread government support of solar adoption, with more than 200 cities and countries across the world implementing a “100% clean energy” target for 2030, 2040, or 2050…
You have dramatically improving solar technology, with a new generation
of advanced optimizers boosting solar module power output and storage
solutions increasing the versatility and applicability of solar (26% of solar
systems will be paired with storage capability by 2025, versus just 4% in 2019)…
You have rapidly shifting consumer demand, as 46% of U.S. homeowners
are seriously thinking about adding solar panels to their homes today, up from 40% in 2016… And now you have widening economic benefits, with the cost of solar plunging below the cost of non-renewable energy, and that gap set to only widen thanks to incentives, improving technology, and economies of scale. The global stage is set. Over the next 10 to 20 years, solar is going to take over the world. By the 2030s, we will be living in a world powered mostly by solar energy. Wall Street knows this. That’s why the Invesco Solar ETF (TAN) is up a jaw-dropping 167% year-to-date.
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GROWING MOMENTUM TO MAKE 2011 THE
GLOBAL ACTION YEAR FOR SUSTAINABLE ENERGY
https://news.un.org/en/story/2021/01/1081272
Despite that the world is not on track to meet climate objectives and achieve
Sustainable Development Goal 7 (SDG7) for universal access to clean, affordable and reliable energy, Marcel Alers, UNDP Head of Energy, said that “clean energy solutions exist that can get us there”. “There is growing momentum to make them political and investment priorities”, he added.
Smart Investment : Fossil fuels used to be less expensive than clean energy but that is changing, according to Mr. Alers. Renewables are becoming more affordable every year, and “some options are now cheaper than fossil fuels”, he said, pointing out that since 2010, the price of solar had decreased by 89 per cent. “It is now cheaper to go solar than to build new coal power plants in most countries, and solar is now the cheapest electricity in history”, the UNDP official said. Moreover, amidst an exceptionally challenging year, and despite suffering setbacks, the renewables sector has shown resilience. “This fall in price, coupled with technologicalprogress and the introduction of innovative business models, means we are now at a tipping point”, he said, urging for a large-scale clean energy investments from the public and private sectors.
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WHY ARE YOU STILL INVESTED IN FOSSIL FUELS?
Urban Larson, October 10, 2020
On August 25th Exxon Mobil was removed from the Dow Jones after nine decades, its predecessor company having joined in 1928. This was a shock to many but it is not the beginning of a trend. It is the continuation of one. Energy stocks have been among the worst performers in both the dramatic sell-off and the equally dramatic rally this year.
So, should we be jumping on this chance to put our savings into this major industry at a discount? Emphatically NO. The market isn’t wrong about the energy sector. The reality is that demand for oil, gas and coal is not going to be as high in the future and the risks of climate change continue to rise. Even as the US government is opening the Arctic National Wildlife Refuge to oil drilling, BP has announced that they believe global oil demand has already peaked. Ever since climate change activists began urging investors to divest from fossil fuels the argument against this course of action has been simple: it will hurt investment performance. Investors who avoid this major sector will lose out when fossil fuel stocks do better than other areas of the market.
It is now clear that this argument is flawed. The investors who divested from fossil fuels have outperformed those who stayed invested in the sector. Looking forward the external pressures on the fossil fuel industry because of climate change will only grow. Demand for fossil fuels is already coming under pressure, and not just from the COVID-19 recession. In many parts of the world solar and wind power have become cheaper than fossil fuels, even without subsidies. Clean energy is becoming financially as well as environmentally advantageous. As these trends continue fossil fuel companies will likely find themselves stuck with billions of dollars’ worth of reserves that they will never develop and will have to charge off. Eight coal producers in the US went bankrupt in 2019
MORE INFORMATIONAL SOURCES
U.S. CITIES COMMIT TO 100 PERCENT RENEWABLE ENERGY
www.eesi.org/articles/view/u.s.-cities-commit-to-100-percent-renewable-energy
An increasing number of U.S. cities have resolved to meet all of their electricity needs with renewable energy. In February 2015, Burlington, Vermont, became the first to reach this goal. Georgetown, Texas, is close behind and aims to be fully renewable by January 2017. And more to come!
Other U.S. cities that are committing to 100 percent renewable energy are Aspen, Colorado; San Diego, California; and San Jose, California. Aspen hopes to go 100 percent renewable by the end of the year by way of solar, wind, hydropower, and geothermal. San Jose expects to become fossil-fuel free by 2022 thanks to renewable technologies like solar, wind, hydropower, geothermal, hydrogen, biomass, electrochemical and fuel cell technologies. As for San Diego, it plans to use solar, wind, and hydropower to become 100 percent renewable by 2035.
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12 MAJOR CITIES COMMIT TO DIVEST FROM FOSSIL FUEL COMPANIES
https://www.climateaction.org/news/12-major-cities-commit-to-divest-from-fossil-fuel-companies#:~:text=Cities%20sign%20on%20to%20a%20new%20declaration%20committing,Fossil%20Fuels%2C%20Investing%20in%20a%20Sustainable%20Future%20Declaration%E2%80%99.
Cities sign on to a new declaration committing to building moment for fossil-free and sustainable investment. Berlin, Bristol, Cape Town, Durban, London, Los Angeles, Milan, New Orleans, New York City, Oslo, Pittsburgh and Vancouver sign C40’s ‘Divesting from Fossil Fuels, Investing in a Sustainable Future Declaration’.
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FOSSIL FUELS IINCREASINGLY OFFER A POOR RETURN ON ENERGY INVESTMENT
https://www.sciencedaily.com/releases/2019/07/190711114846.htm
Date: July 11, 2019 Source: University of Leeds
Summary: Researchers have calculated the EROI for fossil fuels over a 16 year period and found that at the finished fuel stage, the ratios are much closer to those of renewable energy sources -- roughly 6:1, and potentially as low as 3:1 in the case of electricity.
FOSSIL FUELS ARE A TERRIBLE INVESTMENT, AND THEY'RE ONLY GOING TO GET WORSE .
/www.huffpost.com/entry/fossil-fuels-terrible-investment_n_56aa3463e4b05e4e37037321?guccounter=1&guce_referrer=aHR0cHM6Ly9zZWFyY2gueWFob28uY29tLw&guce_referrer_sig=AQAAABYrU9SKuHsD_LxaT08QzPEJ_Aeuv6BUJ8JMHgAMkkYW2nykNpHe3DVeBSf11WReavfMVB7TldwMWiT4DPkb7MN0iYg7h59cA0eJte6NYsYni8BqYNIfD4nJjKABCF9VUyFbsra1DqK82ss1CCM0EFOn3QHQdrDtAxKvRmKF_BvN
Dirty energy stocks are tumbling. The market is encouraging pension funds and institutions to jettison fossil fuels from their portfolios, waving a clear warning flag to investors about the financial future of oil and coal companies. Fossil fuel stocks are performing poorly compared to the market as a whole — and perhaps most importantly, compared to renewable energy stocks, said Michael Liebreich, chairman of Bloomberg New Energy Finance, at a summit on climate risk put on by the nonprofit sustainability advocacy group Ceres. Referring to investors who won’t divest and continue to own fossil fuel stocks, Liebreich pointedly said that the market was “divesting through value destruction” — in other words, cutting their holdings in traditional, polluting energy companies by slashing their value.
******************************************************************************************THERE'S NO MORE MONEY TO BE MADE IN OIL AND GAS STOCKS, JIM CRAMER SAYS.
https://www.cnbc.com/2020/02/03/jim-cramer-the-profit-in-oil-and-gas-stocks-is-drying-up.html