Trump is giving the world a very expensive lesson in fossil fuel dependence. Now is the time to invest in companies that are moving us towards this green future, but how?

ETFs are garbage, IMO. Supposedly “green” ETFs have polluters like Shell, Boeing, CrApple, Total, Transocean, and so much more. According to a report in 2021, 70% of companies in “sustainable” ETFs are “misaligned” aka greenwashing.

I found private investment / crowdfunding companies that allow ESG investments, but recently watched a video that the entire market (private equity in general) was heading off a cliff and to divest ASAP. It hasn’t spooked me completely as it’s just a video, but I need to do some research.

Regardless, these are the ones I found:

My questions to y’all: how do you invest in green tech? Can you recommend alternatives to the ones I named?

  • Birch@sh.itjust.works
    11·
    9 days ago

    My experience? 99% of green tech, like almost all other startups, is either trying to reinvent the wheel, solely depending on VC, banking on legislative change that will never happen, green in name only, or just a straight up scam. And investing itself is part of the problem, because a lot of the business nowadays is just appearances to attract investors, cash out, move on. You can’t invest in any company and hope they stay true to their word, because sooner or later some MBAsshole is going to maximize shareholder value the place either into the ground or into suck-the-planet-dry for profit country.

    Where does that leave you? Use your money and invest in yourself, your home, your family, possibly build a doomsday bunker or a self sustaining farmstead.

    • foxymochakitten@slrpnk.net
      3·
      9 days ago

      If OP hopes to retire or purchase a home (or farm land) someday, investing is pretty much a necessary part of that. I won’t say it’s true for every case but it’s probably true for OP. Spending all your money isn’t a great long-term financial strat (though the farmstead plan, if someone can somehow afford it without investing, seems pretty damn solid to me)

    • atro_city@fedia.ioOP
      2·
      9 days ago

      Where does that leave you? Use your money and invest in yourself, your home, your family, possibly build a doomsday bunker or a self sustaining farmstead.

      With what money, my dude? My home? You must be joking. Family? I don’t see how giving them money is “investing”.

      build a doomsday bunker or a self sustaining farmstead

      Again, with what money? That’s the purpose of investing.

      Your suggestions make me think you are rich enough to live in a different world. Suggesting investing a home…

      • bss03@infosec.pub
        2·
        8 days ago

        I don’t see how giving them money is “investing”.

        A stronger community has benefits that are harder to quantify, particularly in dollars and cents. On the flip side, truly local communities and the network of obligations, debts, favors, etc. can survive even when a fiat currency crashes.

        “The best place to store excess food is in your neighbor’s stomach.”

        Remember: never invest anything you can’t afford to lose – anything that you can’t afford to lose needs to be saved, not invested.