If people keep rapidly extracting and burning fossil fuels, there’s no hope of meeting the 2015 Paris Agreement climate change commitments. To ensure a healthy, hopeful future for humanity, governments must stick to their pledge to limit global warming to 1.5 or 2 C above pre-industrial levels by 2050. Many experts agree that to meet that goal, up to 80 per cent of oil, coal and gas reserves must stay in the ground. That makes fossil fuels a bad investment — what analysts call “stranded assets.”
Putting money toward things that benefit humanity, whether investing in clean energy portfolios or implementing energy-saving measures in your home or business, is better for the planet and the bottom line than sinking it into outdated industries that endanger humanity.