Energy Shares

The Earth’s climate naturally changes over time. But human activity has provoked unnatural levels of warming in the last couple hundred years, particularly from burning fossil fuels.

Fossil fuels like oil and coal became industrialized around 1870 and continually increased in scale over the next century. This is when we start to see the Earth’s temperatures noticeably increasing.

Now, we live with the compounding effect of centuries of fossil fuel energy sources being the largest source of pollution in the world. As global temperatures have risen, the direct impacts we have seen are extreme temperatures, extreme natural disasters, sea levels rising, and much more.

Without addressing the myriad issues of fossil fuels, we will continue to experience these worsening effects. One of the most effective ways to mitigate these harsh impacts is by adopting more renewable energy and slowly phasing out fossil fuels.

Graph source: https://www.climate.gov/news-features/understanding-climate/climate-change-global-temperature

Clean energy investing just got easier for “direct-pay eligible entities” such as hospitals, local governments, public schools, and even churches, who will now be able to access the IRA’s clean energy tax credits thanks to a new IRS rule.

Read more here: https://www.utilitydive.com/news/irs-guidance-inflation-reduction-act-direct-pay-jointly-owned-projects/733420/

“They understand the deep contradiction between educating people for the future and investing in ways that make sure that future won’t exist.” — Bill McKibben, environmental activist and author

Climate Win: A private California high school finally agreed to divest from fossil fuels and re-invest in renewable energy, after students advocated for the change for six years. The commitment is a part of the student-led International High School Clean Energy Investment Coalition, which extends to 11 countries around the world.

Source: https://bit.ly/417P21A

🚗 Large US cities like New York and San Francisco are having a hard time keeping up with the infrastructure needed for EVs, especially because rideshare drivers have been speedy to get their hands on them.

But, when rideshare drivers go electric it saves about 3x the carbon emissions than someone driving an EV only for personal use, due to the amount of miles that Uber and Lyft drivers are racking up – emphasizing the need for more expansive charging infrastructure.

Source: https://bit.ly/4fKYOe2

🤔 What happens to your investments when The Fed cuts interest rates?

Investments such as stocks, bonds, and alternatives have historically done well after rate cuts.

An alternative asset taking a win from the recently cut down rates is clean energy (high five!). High interest rates over the last few years have been tough​ on clean energy**, but now with the rate cut, these projects can expect a boost in viability and therefore could see increased demand.

Sources
Graph: https://bit.ly/3UjAE22
**https://bit.ly/48isjRX