An avoidance investing strategy is good. However, we need some type of positive investing strategy.
Let me describe the word “need”.
First, we expect an Arctic meltdown which will raise greenhouse gas levels to about 1200 ppm, best estimate, and this will lead to chronic and massive world food shortages.
Second, the climate catastrophe scenario may be avoidable, except we need to engineer a bunch of new tools that the market economy seems to be running the h— away from. Just like in war, businesses want to get away. Either the governments (federal, state, regional, coalitions, some smart foreign governments…) step in and win this one, or else see scenario number one. And no, we don’t have much luxury of time.
Four generations ago, your ancestors ran the March of Dimes and polio disappeared from the United States and elsewhere. One generation ago, your parents’ generation signed a set of protocols that prevented the destruction of the earth’s ozone layer. So, what’cha got?
As I often do, I’m ignoring the fossil fuel industry’s paid troll on this comments forum and the huge ad agency behind her.