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New York, NY – January 21, 2021 – The world’s first trillionaire will be a green-tech entrepreneur. New York Times veteran tech journalist Kara Swisher boldly declared this a year ago–right before the outbreak of a pandemic that would hasten our transition to clean energy … and that would exponentially increase the mountains of money piling into stocks that are in any way tied to a cleaner, better future. Mentioned in today’s commentary includes:
Fisker Inc. (NYSE: FSR),
XPeng Inc. (NYSE: XPEV),
Workhorse Group Inc. (NASDAQ: WKHS).
Governments the world over are pushing a green industrial revolution … and even giant oil traders are scrambling to pour billions of dollars into renewables in what the
3 Ways to Play the $30 Trillion ESG Boom in 2021
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LONDON, Dec. 29, 2020 /PRNewswire/ There s an old dictum in investment circles that says that the trend is your friend. For decades, megatrends have always set the stage for winning investments, whether they involved technological revolutions, population demographics, or government-driven regulations. And right now, the $30 Trillion ESG Megatrend ticks all the right boxes. Especially with Joe Biden about to give a big boost to the sector. Mentioned in today s commentary includes:
Tesla (NASDAQ:TSLA),
NIO Limited (NYSE: NIO),
10 Best Climate Change Stocks to Buy Now
NASA defines climate change as a broad range of global phenomena created predominantly by burning fossil fuels, which add heat-trapping gases to the Earth’s atmosphere.
Over time, global climate change has become evident with frequent dangerous weather events happening around the world. In the Global Climate Report for 2020; Global land and ocean surface temperature was 1.16°C above the 20
th century average of 12.7°C and the second highest in the 141-year record.
Physical consequences of climate change can directly impact the stability of the financial markets. Utmost effects of climate change such as extreme weather changes (eg. drought, increase in sea level due to melting glaciers) can affect the operation and business processes of certain industries (could affect numbers of companies in terms of revenues which can affect stock values).
Background
On December 17, 2020, the Federal Energy Regulatory Commission (“FERC”) issued a final rule (“Order No. 874”) amending the definition of “useful thermal energy” in its regulations under the Public Utility Regulatory Policies Act of 1978 (“PURPA”) concerning the eligibility criteria for a cogeneration facility to be a Qualifying Facility (“QF”). The final rule addresses specifically a petition for rulemaking filed by Bloom Energy Corporation (“Bloom”). Bloom sought revision to the eligibility criteria in order for its Bloom Box modules to qualify for QF treatment under FERC’s regulations.
FERC’s regulations and precedent have been to require “useful thermal energy” to include thermal output that is delivered to a separate “host” industrial commercial heating or cooling purpose that is distinct from the integrated power generation process through which the thermal energy is created. That is, FERC has construed the term “useful thermal