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:
- Enerfip - French
- GoParity - Portuguese
- Trine - Swedish
- Triodos Crowdfunding - United Kingdom (it’s a bank, so my trust level is near 0 honestly)
My questions to y’all: how do you invest in green tech? Can you recommend alternatives to the ones I named?
Private investment almost invariably has negative returns, and even ESG ETFs are sketchy as you note.
As others have written, for positive returns, focus on capital investments in your own life. I have a solar subscription with a 10% IRR and recently replaced my pool pump with a variable speed one: $2,000 installed that saves $300/annum with an average lifespan of ten years for an 8.1% IRR.
Go solar. Replace your gas heat with a heat pump. Install on demand or electric heat pump water heaters. Swap your gas car for an electic.
Vote both at the ballot and with your wallet against MAGA policies.