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Greta Thunberg to US Congress: End Fossil Fuel Subsidies Now

Photo: Alex Wong (Getty Images) Between releasing new climate commitments under the Paris Agreement and organizing an international Earth Day summit, it’s clear that President Joe Biden wants to reposition the U.S. as an international climate leader. At a hearing on Thursday, 17-year-old Swedish climate activist Greta Thunberg offered him some advice on a way to do so: ending all subsidies to the dirty energy sector. Advertisement “I am not even going to explain why fossil fuel subsidies are bad,” she told U.S. lawmakers. “It is the year 2021. The fact we are still having this discussion and, even more, that we are still supporting fossil fuels directly or indirectly using taxpayer money is a disgrace. It is proof that we have not understood the climate emergency at all.”

InfraCap MLP ETF (NYSE Arca: AMZA) Declares Monthly Distribution

Share this article Share this article NEW YORK, April 19, 2021 /PRNewswire/  The InfraCap MLP ETF (NYSE Arca: AMZA) (the Fund ) has declared a monthly distribution of $0.22 ($2.64 per share on an annualized basis).  The distribution will be paid April 28, 2021 to shareholders of record as of the close of business April 21, 2021. AMZA Cash Distribution: Record Date: Wednesday, April 21, 2021 Payable Date: Wednesday, April 28, 2021 The Fund estimates that 100 percent of the distribution, or $0.22 per share, is attributable to return of capital and that 0.00 percent, or $0.00 per share, is attributable to dividend income. Infrastructure Capital Advisors expects to declare future distributions on a monthly basis. Distributions are planned, but not guaranteed, for every month. The next distribution is scheduled to occur in May 2021.

3 Oil Stocks To Watch This Spring

3 Oil Stocks To Watch This Spring By Alex Kimani - Apr 15, 2021, 7:00 PM CDT Oil bulls who have been praying for oil prices to cross the $70 per barrel mark to affirm a full recovery after a very encouraging 6 month-long rally have unfortunately been disappointed. Oil prices seem to have hit a ceiling at the high 60s and are currently flirting with the low 60s with a Covid-19 resurgence raining on the bulls parade thanks to new lockdowns in key consumer regions such as India and the UK. Still, the U.S. oil and gas sector remains in good stead; J.P. Morgan has estimated that Permian s Delaware Basin oil drillers now require oil prices of just ~$33/bbl to break even down from $40/bbl in 2019. Indeed, JPM says most U.S. onshore operators are economic at current oil prices, and many operators are even likely to ramp up activity in H2 and build solid momentum for higher volumes in 2022.

Dividend Dreamland: A Pair of Global X ETFs to Consider

Dividend Dreamland: A Pair of Global X ETFs to Consider April 16, 2021 Recent upticks in Treasury yields might have fixed income investors more hopeful for yield, but those still seeking more can consider the QDIV offers ETF investors an annual dividend rate of about 3% with a low 0.20% expense ratio. With the quality feature added, investors get that added tilt towards companies with strong fundamental characteristics. The fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P 500® Quality High Dividend Index. The fund invests at least 80% of its total assets in the securities of the underlying index.

Not Just Dividends, SuperDividends: The Global X DIV ETF

Not Just Dividends, SuperDividends: The Global X DIV ETF March 15, 2021 Fixed income investors seeking more than the staid, but steady Treasury note rates don’t have to venture too far down the yield curve with the DIV seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx SuperDividend® U.S. Low Volatility Index. The fund invests at least 80% of its total assets in the securities of the underlying index. The underlying index tracks the performance of 50 equally-weighted common stocks, including Master Limited Partnerships (‘MLPs’) and Real Estate Investment Trusts (‘REITs’) that rank among the highest dividend yielding equity securities in the United States.

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