By SIMON CONSTABLE
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By SIMON CONSTABLE
The world changed in the autumn of 2021. It happened when many of the great and the good flocked to Glasgow for the COP26 climate summit. At those meetings, global political leaders and climate activists made pledges to do what was necessary to ensure environmentally sustainable economic growth. In other words, going ‘green’ had officially gone mainstream in a big way.
It wasn't just politicians and activists. Investors who had once evaluated companies solely on after-tax profits have also changed. Now they want the businesses in which they invest to adopt sustainable business practices as soon as possible. It's something that CEOs and other top leaders need to understand. Eventually, the matter will have a bearing on whether companies get corporate financing or whether they don't. Read more here.
By SIMON CONSTABLE
Tofu lovers should rejoice. Prices of soybeans, the key ingredient in tofu, look set to drop this year as supply increases and demand declines. Investors should also benefit from the move.
“We’re set up for potential record yields along with record acreage,” says Shawn Hackett, president of Hackett Financial Advisors. Read more here.
By SIMON CONSTABLE
The bold move by the European Union to phase out its Russian oil and natural gas use will likely exacerbate the already low levels of inventories, boost oil and gas prices, and accelerate the move to renewable energy. Major energy companies that are on their way to making the transition away from fossil fuels look set to gain.
“I continue to believe that today’s energy companies will be the energy companies of the future,” says Peter Tchir, head of global macro at Academy Securities. “They will be the ones who drive the sustainable energy products.” Read more here.