Green Lights Oct 10: Top stories
Don't miss a single story from the best of Callaway Climate Insights.
. . . . Welcome back to Green Lights. Here’s our roundup of the best of Callaway Climate Insights. David Callaway considers Jane Goodall’s enduring lessons for investors — and all of humanity. Mark Hulbert shows how gains in green funds and ETFs almost doubled those of oil and gas assets, and Bill Sternberg asks if electricity be the eggs of 2026. Don’t miss any of these great stories. Have a great weekend and please subscribe.
. . . . For climate investors and environmental advocates, Jane Goodall’s life was a striking example of how just one person can teach the world a lesson on the importance of saving our natural habitat. Even in these times of renewed attacks on climate progress, that is something for investors to remember, David Callaway says.
. . . . Sustainable funds, which have defied President Donald Trump’s attempts to kill clean energy this year, expanded their gains in the third quarter as U.S. demand for more energy to propel the AI revolution pushed renewables forward, writes Mark Hulbert. Gains of more than 15% in green funds and ETFs almost doubled those of oil and gas assets, exposing the myth of “drill, baby, drill.” Hulbert points out several stocks leading the charge, with one up more than 50%, as the AI mania spreads into the energy markets.
. . . . When everybody is expecting an imminent collapse in the stock market, it probably won’t happen. Even a U.S. government shutdown hasn’t slowed the market this week, writes David Callaway. For our money, the turning point will come sooner rather than later, but it will be from something completely unexpected. Something from China perhaps, or a big hedge fund collapse.
. . . . Will electricity be the eggs of 2026?, asks Bill Sternberg. Grocery inflation was front and center in the 2024 campaign. Now, surging prices for power could play an even bigger role in next year’s U.S. midterm elections. But don’t assume Democrats will be able to capitalize on that.
. . . . The Trump administration is using the U.S. government shutdown to raise the level of its attacks on green energy even as a key report this week showed that, globally, renewable energy has finally surpassed coal. The White House looks increasingly isolated in its quest to support the oil and gas industries. But that’s not stopping its war on green — yet.
. . . . Water can store a lot of heat (compared to the air), which means the ocean can absorb excess heat from a warming atmosphere. NASA says about 90% of the excess heat from planetary warming over the past century has been absorbed by the ocean, causing ocean temperatures to rise. In addition to storing heat drawn from the warming atmosphere, water also expands as it heats up, NASA reports. As it expands, it causes the global sea level to rise. This expansion has led to about one third of the global sea level rise over the past century.
More greenery . . . .
Bill Gates: Lower the green premium through ingenuity (MIT Technology Review)
A preview of what’s to come: King tides spill over onto Boston’s Long Wharf (WCBV.com)
Not a good look: How Climate Change Is Turning Alaska’s Rivers Orange (Weather.com)
The warming ocean: September’s ‘persistently high’ land and sea temperatures (euronews)
Adding his weight: Schwarzenegger at Vatican in mission to terminate fossil fuels (Reuters)