The trend is your friend. The rainbow average is your guardian angel . If the price is trading below the rainbow, it is a falling star.
Renewable energy could power the world by 2050. Here’s what that future might look like
Switching to wind, water and solar worldwide could eliminate 4 to 7 million deaths from air pollution annually, while first slowing and then reversing the effects of global warming and, in doing so, stabilizing the global energy sector. Saudi Arabia can transition to a 100% renewable energy system by 2040, according to another Finnish study. While the country is known for its oil deposits, it is also rich in another energy source: sunshine to power solar energy. By 2050, solar power could account for 79% of the country's energy demand, supported by enhanced battery and water storage solutions to lower energy system costs. A future powered by wind, solar and other sustainable energy sources, could also reduce energy bills. The costs of producing wind and solar have plummeted in recent years and renewable remain on course to out price fossil fuels in future. (source : https://www.weforum.org/agenda/2020/02/renewable-energy-future-carbon-emissions/)
Investment giant BlackRock pulls back from coal
Responding to intense pressure from investors and environmental activists, BlackRock, the world’s largest asset manager, signaled in January that it would reduce investments in coal for energy generation. Other fossil fuel investments would come under scrutiny as well. “Climate change has become a defining factor in companies’ long-term prospects,” BlackRock CEO Larry Fink wrote in his influential letter to corporate executives. “Awareness is rapidly changing, and I believe we are on the edge of a fundamental reshaping of finance.” (source : https://www.eco-business.com/news/as-investment-giant-blackrock-pulls-back-from-coal-activists-urge-the-same-for-biomass-energy/)
Renewable energy could power the world by 2050. Here’s what that future might look like
Switching to wind, water and solar worldwide could eliminate 4 to 7 million deaths from air pollution annually, while first slowing and then reversing the effects of global warming and, in doing so, stabilizing the global energy sector. Saudi Arabia can transition to a 100% renewable energy system by 2040, according to another Finnish study. While the country is known for its oil deposits, it is also rich in another energy source: sunshine to power solar energy. By 2050, solar power could account for 79% of the country's energy demand, supported by enhanced battery and water storage solutions to lower energy system costs. A future powered by wind, solar and other sustainable energy sources, could also reduce energy bills. The costs of producing wind and solar have plummeted in recent years and renewable remain on course to out price fossil fuels in future. (source : https://www.weforum.org/agenda/2020/02/renewable-energy-future-carbon-emissions/)
Investment giant BlackRock pulls back from coal
Responding to intense pressure from investors and environmental activists, BlackRock, the world’s largest asset manager, signaled in January that it would reduce investments in coal for energy generation. Other fossil fuel investments would come under scrutiny as well. “Climate change has become a defining factor in companies’ long-term prospects,” BlackRock CEO Larry Fink wrote in his influential letter to corporate executives. “Awareness is rapidly changing, and I believe we are on the edge of a fundamental reshaping of finance.” (source : https://www.eco-business.com/news/as-investment-giant-blackrock-pulls-back-from-coal-activists-urge-the-same-for-biomass-energy/)