It is not in contention that more CO2 in the air results in what is known as increased land carbon storage and accounts for quite a bit of the increase in greening of the earth. Even layman articles in Scientific American some years ago talked about it. But reforestation accounts for more of that greening. I am sure googling will āresurfaceā the relevant papers.
More C02 in the air resulting in greening is an argument that Climate sceptics use to push back against the harmful effects of C02. Unfortunately by ignoring the full chemistry one can fool oneself.
As an example, you can go to the other extreme and think about Oxygen too. As I always tell people, Oxygen is a toxic gas. They look at me rather puzzled.
Yes. I think I recall something around the lines of oxygen being a kind of a source of cheap energy for the body, with the price to pay for its use being the aging process of the body due to the effects of something called free radicals. If memory serves it was a process with similar, sort of, effects as the rusting process on iron
Iām in Trig, and have other ārenewableā focussed stocks and trusts on my watchlists.
Also as far as renewable goes, you may want to delve a little deeper into certain stocks. BP (not a stock I own) spent over a billion on Chargemaster, the biggest EV charging company in the UK.
Also Legal & General, which I do own, have a percentage of their own portfolio invested in renewable infrastructure.
So even though there is renewable āspecificā stocks, thereās also bigger players diversifying into this field.
Another thing to look at is what materials are going to be most at use in a renewable focussed world. Paper, Copper, Lithium to name a few
This is just my tuppence worth, do your own research etc lol
Technically, Tesla is a renewable energy business stock, after acquiring its sister firm SolarCity. But mostly its just cars. And if you buy Tesla, you are investing in Elon. The Wall St shorts and trigger happy (algo) traders will also take you for a ride, so itās probably a long-term play.
Which is, as I understand it, the biggest risk in investing in TRIG. If a big player comes along and decides to make a serious attempt at the sector, they could overtake TRIG like snaps fingers
That said, the ārenewablesā section of my own portfolio is mostly made up of TRIG at the moment (as Jon Richardson might say, āThat would be a low worryā. At the moment, anyway)
Tesla terrifies me, as an investment. Elon Musk is a huge liability, and their car business is almost on a knife-edge, IMO - if one or more of the big car manufacturers were to decide to ramp up or even go all-in on electric, thatās Teslaās car line done for as a mass-market concern.
The batteries are perhaps the most promising aspect of their business - they could leverage themselves into a position where even if they arenāt making the cars they provide the batteries, and of course batteries being batteries, they would have a lot more potential uses than just cars.
However, even if that were the case, my own personal opinion is that Tesla would not a good investment make. I feel theyāre overpriced because so many are anticipating future profit, so said potential future profit has already been built-in to the current price. And Iām not convinced theyāll get there.
This was one of the more recently added ETFs, as I recall. I looked at it and decided I needed to do more research. Many of my questions relate to comparing it to TRIG - because Iām already invested in that. What does this offer that TRIG doesnāt? Would I be overexposed if I invested in this as well as TRIG and the whole sector went down? Itās tricky.
Elon and Tesla gave the patents away. The big picture is helping people switch to EVs.
Their product is different enough for now and so far major car corporations are just waking up. Once they ramp up the production of anything thatās as good as Model 3 from the outside, Tesla better be ready to meet production numbers that are much higher. VWs are still slow though and their EV cars look the same.
BMW wonāt be making i3 any more, yet I see loads of rich people driving them.
As for Elon being a liability-Tesla wouldnāt have existed without his investments and last year they wouldāve gone bankrupt without him. Setting up an extra Model 3 production zone on a car park saved the company. The entire business model (Roadster > new expensive hatchback Model S > new type of Model X SUV > affordable Model 3) is his idea. Model 3 wouldnāt have existed without S and X.
The iShares Clean Energy exchange-traded fund has risen by 32 per cent so far this year, streaking far ahead of the oil-dominated Vanguard Energy ETF, which has risen by only 1 per cent.
In August, the renewables fund bettered the fossil fuel ETF by the biggest margin in five years.
Renewable stocks also outperformed oil and gas shares in 2017 and 2018, although both sectors ended last year down.
So far this year, the largest renewable energy ETF in the US, Invesco Solar, has risen 58 per cent.
The strong performance of the renewables sector marks a turnround from the years immediately after the financial crisis, when investor bets on green energy quickly soured. Shares in the iShares Clean Energy ETF fell 80 per cent between 2008 and 2013
Hey all! There are a number on Freetrade that I have small holdings in: TRIG, UKW, NESF, INRG and BSIF. I also have a small holding in IEM which invest in a number of renewables I believe. Most of them have a solid yield and solid but not spectacular increase in their share price. Iām looking forward to some AIM stocks being added in this area to look for some real growth opportunities!
My concern is that this outperformance happens despite relatively stable and affordable oil prices. On the back of climate change, real trend or bubble?
For reference, Solar Photovoltaic modules price is behaving as expected and it can only become even cheaper over time:
Couple this with the ever increasing energy consumption and the potential benefits of renewable energy if it manages to catch-up and youāve got a good recipe there:
The UK really needs to look into Tidal Lagoons, read an article recently about a project at Swansea, which kept getting pushed back. http://www.tidallagoonpower.com/
- the Financial Times recently:
