It’s unfortunate, but even many environmental advocates also have money invested in companies that are doing a lot to make our world a lot less pleasant place to live. After all, we need to put our money somewhere, and a nonprofit salary isn’t going to fund your 401k to the point when you can retire after having saved the world if you’re money is in CDs.
However, renewable energy and more generally progressive companies that advocate for action on global warming are giving us more and more opportunities to profit from our principles. Here is a brief look at how the stocks of the members of the United States Climate Action Partnership are doing in comparison to Big Coal so far this year.
Coal is off to an early lead, but if you want reason to hope, I give a few at the end of the column. But the best reason for me is the ability to sleep at night.