Fossil Fuel Investments Hold Back Portfolios, New Report Finds

Tue, 19 Mar 2024 05:03:40 +1100

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://carbonherald.com/fossil-fuel-investments-hold-back-portfolios-new-report-finds/>

"Fossil fuel investments are no longer safe and hold back portfolios, a new
report from the Institute for Energy Economics and Financial Analysis (IEEFA) –
an independent economics non-profit, finds. The report called Passive
investing in a warming world
 finds critical discoveries and shed new light on
the fossil fuel stocks, once considered a stable investment.

The researchers who analyzed a range of major stock market indices found that
an investment of $10,000 saw both a weaker growth and a higher risk in passive
funds when included fossil fuels, over five- and 10-year periods. The report
also concludes that dropping oil, gas and coal stocks from portfolios is a
better investment strategy both in the medium and long term."

Via Future Crunch:
<https://futurecrunch.com/good-news-tolerance-poland-sanitation-indonesia-restoration-dominican-republic/>

Cheers,
       *** Xanni ***
--
mailto:xanni@xanadu.net               Andrew Pam
http://xanadu.com.au/                 Chief Scientist, Xanadu
https://glasswings.com.au/            Partner, Glass Wings
https://sericyb.com.au/               Manager, Serious Cybernetics

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