Green/clean energy fund

Shocking_Blue

Sorry ISA, not USA..

Shocking_Blue

Just wondered what members' thoughts were on green/clean energy funds following Biden's election win. 

Thrugelmir

Late to the party. Green agenda generally has been underway for a while. Many stocks are already well priced up with events.  Do your research before jumping in. 

AnotherJoe

Irrelevaant.

Shocking_Blue said:

Just wondered what members' thoughts were on green/clean energy funds following Biden's election win. 

Id say its irrelevant in that its now inexorable simply on the grounds of cost, Biden may progress it slightly but even Trump couldn't hold it back, more coal mines closed under Trump than Obama's whole tenure.And theres a tipping point which we are just about reached now when it costs less to build new solar or wind than operate an existing coal plant.

So instead of seeing the gradual 10% decline in cost of renewable energy every year and thinking that doesn't make much difference, it does when it passes that point.

This report is well worth reading https://www.rethinkx.com/energy#energy-download

tel_

Stargunner said:

if you want a fund you could also look at Guinness Sustainable Energy X GBP Acc

This is one I've researched into a little, but does anyone know if it can be added to iWeb? 

This fund doesn't seem to be listed on there.