
"Doug and Earth911's Mitch Ratcliffe launch a series of conversations about making informed decisions about stocks and funds, beginning with a comparison of the emerging solar and declining fossil fuels industry. In this episode, we'll look at Sunpower, First Solar, Canadian Solar, Sunnova, and Tesla, all stocks Doug suggests are core energy holdings for the future, as well as Exxon Mobil, Chevron, British Petroleum, and Royal Dutch Shell,"
"We also discuss the nascent investments by oil companies in renewable energy and carbon capture, which have not become serious enough to justify buying those stocks. During the conversation, Doug gave himself some homework and he answered after the show: One of the solar companies discussed, integrated solar provider Canadian Solar, has significant Chinese ties that may increase risk. Earth911 urges you to carefully consider any investment before making a decision to buy or sell any assets."
Environmentally responsible investing requires applying carbon-sense thinking and prioritizing companies that accelerate decarbonization. Emerging solar companies offer core energy holdings for the future, with Sunpower, First Solar, Canadian Solar, Sunnova, and Tesla highlighted as recommended investments. Major oil companies such as Exxon Mobil, Chevron, BP, and Royal Dutch Shell are advised to be avoided or sold when the goal is environmental protection. Oil-company investments in renewables and carbon capture are nascent and not yet sufficient grounds to buy those stocks. Canadian Solar’s significant Chinese ties may increase risk. Investors are urged to carefully consider any investment decisions.
Read at Earth911
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