• About
  • Advertise
  • Privacy & Policy
  • Contact
Thursday, January 28, 2021
Finance Infinity
  • Home
  • News
  • Market Watch
  • Ministration
  • Opinion
  • Beyond Finances
No Result
View All Result
  • Home
  • News
  • Market Watch
  • Ministration
  • Opinion
  • Beyond Finances
No Result
View All Result
Finance Infinity
No Result
View All Result
Home Market Watch

Declining fossil fuel and high-tech calls for investment in Renewable Energy

Anshuman Sinha by Anshuman Sinha
May 9, 2020
in Market Watch
0
Declining fossil fuel and high-tech calls for investment in Renewable Energy
0
SHARES
12
VIEWS
Share on FacebookShare on Twitter

Green economists like Nobel Laureate Joseph Stiglitz, have joined forces with an Oxford University paper to identify environmentally friendly public investments with quick positive economic effects. As per the report, only 5 of 25 categories of stimulus spending had a positive climate impact, meaning most of the recent stimulus hurt the climate.

 

When done right, the authors said green projects would create more jobs, lead to increased long-term cost savings. Some of the prominent examples are digital infrastructure, clean energy, among others.

 

Sustainable Investing could be the main driver of the economy and make one more resilient, said Julie Gorte, senior vice president of Sustainable Investing for Pax World Funds.

 

John Hoeppner, who heads sustainable investing for Legal & General, said that broader preparation has been a critical factor in businesses coping with Coronavirus, as they avoided serious practical issues and respond to all the stakeholders.

 

Due to strict protocols such as countrywide lockdowns, emissions in 2020 are set to drop by at least 5 per cent, however, to get to zero we would have to keep dropping at the same rate and to do so must adopt to sustainable means, Gorte said. However, as it is not due to any effective ongoing policy, maintaining it could be difficult, if not impossible.

 

It is owing to such factors that renewable energy seems like a hot investment prospect. They can help meet stricter climate targets, and they are also a cost-effective choice in two-thirds of the plane- a viable long-term energy investment option.

 

The high-tech today is in batteries, carbon capture, and hydrogen power. This coupled with new gas plant costs which are around $2 billion- an ineffective investment has led to increased investment in the renewable.

 

Furthermore, the other high-tech energy source- nuclear power- is no longer economically viable in many situations. There is no subsidy, you need clean water and it can’t be too warm, Gorte said.

Tags: coronavirus outbreakRenewable Energy
Previous Post

Should the world trust China in the bid to revive the economy?

Next Post

FM announces relaxation in TDS, EPF and ITR as a part of PM’s 20 lakh crore economic package

Anshuman Sinha

Anshuman Sinha

A keen observer of business and finance, Anshuman is a writer who holds great knowledge in the finance domain and is passionate about economic developments across the world. From taxes to business analysis, he has worked with the hard-core finance institutions in the past.

Related Posts

MSME Exporters: Loan woes and solutions
Market Watch

MSME Exporters: Loan woes and solutions

January 13, 2021
RHFL
Market Watch

Six companies enter a bidding war for Reliance Home Finance (RHFL) acquisition

December 23, 2020
Reliance Jio
Market Watch

Reliance Jio: Breaking the threshold of economic growth

December 21, 2020
Gland Pharma Ltd IPO
Market Watch

Gland Pharma Ltd IPO Investors Earn Over A Billion Dollars After The Company’s Stellar Stock Market Debut

November 24, 2020
Indian exporters
Market Watch

Indian Exporters on Their Toes Amid US Election Conundrum

November 23, 2020
Ujjivan Small Finance Bank
Market Watch

Ujjivan Small Finance Bank witnesses profit surge during Q2

November 11, 2020
Next Post
economic package

FM announces relaxation in TDS, EPF and ITR as a part of PM’s 20 lakh crore economic package

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stock Market

  • Trending
  • Comments
  • Latest
India Post’s mobile bank facility

All about India Post’s mobile bank facility for its saving accounts customers

November 6, 2019
Axis Bank

Learning how to utilize digital channels for selling products with Axis Bank

January 9, 2020
Advent to invest in Aditya Birla Capital Ltd

Advent to invest Rs 1,300 crore in Aditya Birla Capital Ltd

September 4, 2019
KPMG Future of Finance

KPMG Future of Finance: Data, Automation, and Integration

December 14, 2020
India Post’s mobile bank facility

All about India Post’s mobile bank facility for its saving accounts customers

1
RBI drafts 4-layered framework for shadow bank regulation

RBI drafts 4-layered framework for shadow bank regulation

0
FPI Surcharge

FPI Surcharge: Finance ministry to consult Law ministry for providing immediate relief

0
National Housing Bank to infuse Rs 10,000 crore in housing finance companies

National Housing Bank to infuse Rs 10,000 crore in housing finance companies

0
RBI drafts 4-layered framework for shadow bank regulation

RBI drafts 4-layered framework for shadow bank regulation

January 27, 2021
Tesla Stocks or Cars: Zerodha’s poll reveals Indian sentiment

Tesla Stocks or Cars: Zerodha’s poll reveals Indian sentiment

January 23, 2021
PMAY-G beneficiaries in UP receive ₹2,691 crore

PMAY-G beneficiaries in UP receive ₹2,691 crore

January 22, 2021
Piramal Capital wins bid war for DHFL

Piramal Capital wins bid war for DHFL

January 20, 2021

Recent News

RBI drafts 4-layered framework for shadow bank regulation

RBI drafts 4-layered framework for shadow bank regulation

January 27, 2021
Tesla Stocks or Cars: Zerodha’s poll reveals Indian sentiment

Tesla Stocks or Cars: Zerodha’s poll reveals Indian sentiment

January 23, 2021
PMAY-G beneficiaries in UP receive ₹2,691 crore

PMAY-G beneficiaries in UP receive ₹2,691 crore

January 22, 2021
Piramal Capital wins bid war for DHFL

Piramal Capital wins bid war for DHFL

January 20, 2021
Facebook Twitter Youtube Instagram
Finance Infinity

Finance Infinity is a media platform which delivers latest financial information. Find news, articles, editorials and blogs written by our dedicated team of professionals and get yourself updated on what's happening in the business world.

Browse by Category

  • Beyond Finances
  • Business
  • Market Watch
  • Ministration
  • Mobile
  • News
  • Opinion
  • Tech

Recent News

RBI drafts 4-layered framework for shadow bank regulation

RBI drafts 4-layered framework for shadow bank regulation

January 27, 2021
Tesla Stocks or Cars: Zerodha’s poll reveals Indian sentiment

Tesla Stocks or Cars: Zerodha’s poll reveals Indian sentiment

January 23, 2021

Copyright© 2020 Financeinfinity - All rights reserved

No Result
View All Result
  • Home
  • News
  • Market Watch
  • Ministration
  • Opinion
  • Beyond Finances

Copyright© 2020 Financeinfinity - All rights reserved

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In