California is already at 60% of the state's electricity from renewable and zero-carbon sources according to the California Energy Department.Clean energy investment has grown to over 12% per year since 2020 and is now over half of all energy spending despite recent rises in prices for oil and natural gas.Investment in battery energy storage is expected to more than double to almost $20 billion in 2022.thousands of companies are doing what they can to move towards clean energy, more efficient buildings and more carbon neutral processes.over 100 governments signed the Paris Agreement to fight climate change.there is a massive divestment movement away from fossil fuels."If you want to know why things are happening, follow the money." What did (my and probably your) grandpa say about figuring things out. The movers of capital - government, financial institutions, private equity, industry and the very wealthy - are moving massive amounts of money to fight climate change. Ultimately, it does not matter what you believe about climate change and climate change policy. I urge those looking to learn to look at the plans of most Russell 3000 and large international companies. A few simple searches can yield hundreds more links. Those pieces, from diverse sources, give you an idea of the depth of brain power and capital deployment that is currently going on to reduce humanity's carbon footprint. Guest Article: Digitalizing Energy: The Way Forward for Decarbonized Systems - IISD.ĭecarbonisation, decentralisation, digitalisation, top three trends across energy says Arthur D Little - Business Transformation. How Decarbonization, Digitalization and Decentralization are changing key power infrastructures - Università di Palermo.ĭigitalization and Decarbonization: Optimizing Humanity's Largest Machine - Power Magazine.
#CLEAN ENERGY ETF HOW TO#
Along with digitalization and decentralization, decarbonization has been labeled as one of the megatrends of the next decade by governments, international organizations, major business services, research firms and various industrial companies:ĭecarbonization, digitization and decentralization are accelerating the countdown to a new energy world faster than expected - EY.ĭigitalisation and decentralisation: How to unleash the full potential of this synergy for decarbonization? - IEA. Decarbonization Is A MegatrendĬlean energy is a catch-some description for what is more rightly called decarbonization.
Today I'll briefly discuss decarbonization and some of the best exchange-traded funds ("ETFs") for investing in a cleaner energy future. More aggressive climate change policy would put a heavy thumb on the scale of stock winners and losers. If a Senator Manchin can get pulled back to the negotiation table, incentives for EVs, battery research and solar tax breaks could still find their way into a streamlined "Build Back Better" bill. If President Biden does in fact declare a climate emergency, that will unleash a wide range of executive powers to fight the dangers of climate change.ĭeclaring a climate emergency could unlock potent tools for Biden - PoliticoĮxecutive policies could include a temporary prohibition on oil and/or coal exports, further drilling limits on Federal lands and offshore, as well as surprises such as solar-powered desalination plants, Federal buildings to run on clean energy, and requirements for all Federally subsidized (almost all) mass transit vehicles to not be fossil fueled. This is an emergency, an emergency, and I will look at it that way. "Climate change is literally an existential threat to our nation and to the world. ( DVN), a hydrocarbon exploration and production company.After Senator Joe Manchin declared he wasn't willing to support incentives for clean energy in a "Build Back Better' bill, President Biden strongly implied he would declare a climate emergency in coming weeks.
( VLO), a maker and marketer of transportation fuels and related products and Devon Energy Corp. ( OXY), an oil and gas exploration and production company that also manufactures chemicals Valero Energy Corp. PXE’s top holdings include Occidental Petroleum Corp. Together, large-cap and mid-cap value stocks make up more than two-thirds of the fund’s portfolio. The portfolio includes petroleum refineries that process crude oil into finished products, such as gasoline, and companies involved in gathering and processing natural gas, and producing natural gas liquids (NGL). Stocks are chosen based on factors including price momentum, earnings momentum, quality, management action, and value. companies that are engaged in the exploration and production of natural resources such as oil or natural gas, which are used to produce energy. PXE is a multi-cap blended fund that tracks the Dynamic Energy Exploration & Production Intellidex Index.
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