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MR MONEY MAKER: Emerging markets are long-term wealth creators
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MR MONEY MAKER: Emerging markets are long-term wealth creators for investors
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Commodity ETFs are the best way to play green energy revolution
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Rather than buy renewable energy ETFs, investors may want to consider commodity exposure.
Governments around the world are committed to combating climate change, with many pledging to become ‘carbon neutral’ at some future date. More than 170 nations have signed up to the Paris Climate Agreement, which commits them to trying to keep global warming below two degrees Celsius.
To achieve this, governments will have to try and rapidly reduce the use of fossil fuels used by both industry and individuals. To achieve this, governments have passed legislation and formulated policies to try and encourage the abandonment of fossil fuels in favour of alternative energy sources such as wind and solar, as well the development of new storage methods, notably batteries. In particular, governments are now trying to phase out the use of petrol-powered cars in favour of electric vehicles.
Oil price rises 34pc in 2021 – here s how to buy
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