Photo: MIT Sloan Review
Over the last few years, the investor sentiment toward throwing large amounts of capital investment into the fossil fuel sector has changed. That change is motivated by consumer outlook. Now, one can argue against that opinion, but consumers ultimately dictate through their wallets what is important (i.e., what will sell). Corporations track consumer spending and through modeling make adjustments to their market of products offered to consumers. Where does sustainability enter into the equation?
Shark Tank Investor Kevin O'Leary was interviewed by Yahoo Finance Reporter Alexis Christoforous about the importance of sustainability in investing:
Over the last few years, I have written about the gradual transition of large corporations (i.e. Royal Dutch Shell) which have started early. Read about Royal Dutch Shell by clicking here. The CEO of BP announced last year that the company would reduce fossil fuel output by 40% by 2030. Wow! Blackrock investment corporation divested investments away from fossil fuels toward renewable energy.
The future is here. Sustainability is taking precedent due to protecting the world at large.
Related Blog Posts:
Noam Chomsky Talks About Biden Administration And Climate Change
Water Heaters: Out with the Old, In with the New...
Parameters: Shells Oil Corporation Invests In Renewable Energy Infrastructure
Thoughts: Trump Administration Realizes Renewable Energy Is Here To Stay?
Do You Need Clean Air To Breathe? An Introduction To Environmental Justice
Environmental Entrepreneurs Weigh In On Repealing The Clean Power Plan
EPA Blatantly Suppresses Scientific Results Regarding Climate Change?
EPA Director Finally Realizes Reality Of Trying To Roll-Back Obama Era Clean Air Act Regulation
How Can The Paris Climate Agreement Be "More Favorable To The U.S."???
Paris Climate Agreement Is A Start Toward The Renewable Energy Future
Chemical Safety Board's Future Uncertain as Hurricane Season Approaches
Texas Weather Tests Republicans Who Value Industry Over Consumers Safety?
No comments:
Post a Comment