The 'Trump effect' is slowing climate change progress, but investors are fighting back and winning

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The 'Trump effect' maybe slowing climate change progress, but investors are fighting back and winning

div > div.group > p:first-child"> Meanwhile, forward-looking impact investors hate the problems of burning coal and its financial downside – and love portfolios of companies and funds pursuing climate solutions, which can have stronger returns.

Trump's August 2018"affordable clean energy" rule seeks to transfer pollution-control laws to the states, likely to result in more polluted air and rivers. But savvy fossil-fuel-free-focused investors are trumping this by avoiding the 18 percent drop in coal stocks since then, compared to the S&P 500's flat performance over the eight months from July 28, 2018, to March 27, 2019.

For example, Etho avoided Volkswagen when analyzing the carbon emissions of its supply chain, according to Monroe. Meanwhile, Trump loves fossil fuels, including diesel gasoline. So why are everyday investors and 401 plan participants looking at fossil-fuel-free as an investment opportunity? The U.S. Department of Labor revised its guidance to 401 fiduciaries in April 2018 by emphasizing economic and financial criteria first before any environmental, social or governance criteria. This reversed progressive policies on ESG in retirement plans from President Barack Obama's then Secretary of Labor Tom Perez in 2016.

"Investing in fossil-free portfolios is putting my money where my mouth is and represents my optimism about our ability to achieve a clean-energy future," Magnuson added.

 

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What does it matter. According to AOC, the world is going to end in 12 years anyway.😂

All he gives a shit about is the border...

Climate change, so summer is approaching any day now they will go back to Global warming, lol word play no pay!

Trump digs boosting his ego

AGW is a Fraud.

HEY HE7

Most damaging president in the history of the US. So much hurt in virtually every aspect of our society.

Putting families out of business is what libs love to do!

Americans are woke . Climate change is bullshit.

Have you seen people with black lung trump ! Why don’t you go dig coal then !

This is the news. Lol

Everyone knows realdonaldtrump is too stupid to understand science and climate change. It is breathtakingly ominous that he pushes coal after the damage it has done to our planet. Unconsionable.

What is wrong? I feel pretty good

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