How Will Climate Change and Electrification Impact Investing?
A roadmap for the electric revolution
With a federal government turn over to the Democratic party this year, hopes are high for a focused, comprehensive federal approach to tackling climate change, rather than the patchwork state approach of the past administration. President Biden has consistently highlighted the climate crisis as urgent, and the team of advisors he has assembled on the issue demonstrates his commitment. Concurrently, the European Union has focused its own economic plan on the theme of “building back better,” tying climate concerns to Covid recovery. In what will hopefully turn out to be ‘in the nick of time’, the world has seemingly increased earnest and serious efforts to combat climate change, with real commitments, policies, intention, and funding—and investors are ready.