According to this recent article, there is a surge in environmental, social, and corporate governance (ESG) investing, which is attracting record amounts of capital and bringing shareholder activism to the forefront. In contrast to the first wave of climate investing, this second wave will benefit from a more established ecosystem. In 2021, global venture capital funding for clean technology hit $43 billion, which was more than double the $20 billion invested in 2020. Experts believe that the trend is just getting started.Continue reading
Are Electric Vehicles Taking Over Faster Than We Think?
We are in the middle of the biggest revolution in motoring since Henry Ford’s first production line started turning back in 1913.Justin Rowlatt – Why electric cars will take over sooner than you think
That quote from a recent article brings to mind a fundamental truth: there are divergent opinions on just about any emerging future scenario. Author Justin Rowlatt states that we have past the tipping point; that milestone where electric vehicle sales begin to overwhelm traditional car sales. As the big car makers position themselves to sell only electric vehicles at some point this decade, one must wonder what factors led to those decisions. One of those factors comes from government, as they ban the sales of traditional vehicles on some predetermined timeline. The author however points to the speed of the technological revolution the world is experiencing. I liken this period to the early days of the second industrial revolution. A period of great invention which is likely surpassed by the period we have entered – with the big difference being the speed of realization.Continue reading