Number One: Check where you invest your savings. As a rule of thumb If you just invest in average stocks, the emissions caused by this are equivalent to an average car of the same price driving around – as long as you own those stocks. As an explanation: Think about being shareholder of real estate project which is based on fossil fuel powered heating and cooling. YOU are the one owning this. If you instead make sure you invest in a highly energy efficient real estate project which may be generates more energy than it consumes, you are having a very different climate impact.
So, make sure you direct your savings into sustainable investments. To avoid greenwashing: The EU has very stringent regulations in place what can be called “sustainable investment”.
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Are you voting for climate change deniers? Stop. There, biggest impact achieved.
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Number One: Check where you invest your savings. As a rule of thumb If you just invest in average stocks, the emissions caused by this are equivalent to an average car of the same price driving around – as long as you own those stocks. As an explanation: Think about being shareholder of real estate project which is based on fossil fuel powered heating and cooling. YOU are the one owning this. If you instead make sure you invest in a highly energy efficient real estate project which may be generates more energy than it consumes, you are having a very different climate impact.
So, make sure you direct your savings into sustainable investments. To avoid greenwashing: The EU has very stringent regulations in place what can be called “sustainable investment”.
Are you voting for climate change deniers? Stop. There, biggest impact achieved.