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Motley Fool Hidden Gems Investing

Opportunities in Sustainable Investing

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.33.1K Ratings

🗓️ 16 October 2022

⏱️ 21 minutes

🧾️ Download transcript

Summary

More than 90% of S&P 500 companies publish sustainability reports. But what’s real and what’s just greenwashing?  Bruce Usher is a professor at Columbia Business School and the author of “Investing in the Era of Climate Change.” Maria Gallagher and Alyce Lomax talked with Usher about: - Opportunities in sustainable investing - Renewable energy technology. - How electric vehicles can help solve green energy’s intermittency problem Stocks mentioned: F, TSLA Additional resource: https://www.fool.com/investing/stock-market/types-of-stocks/esg-investing/climate-change-stocks/ Hosts: Maria Gallagher, Alyce Lomax Guest: Bruce Usher Producer: Ricky Mulvey Engineers: Dan Boyd, Brandon Gentry Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

The most dramatic growth in electric vehicles is not the US or Europe.

0:04.8

It's in developing countries already.

0:07.1

Most of you around two wheelers and three wheelers.

0:10.0

That's where it's paying use.

0:11.4

In some countries today over 90% of two wheelers and three wheelers are electric today.

0:16.2

And four wheelers, traditional automobiles, are rapidly catching up.

0:19.4

Why? Because they're more efficient vehicle to drive.

0:21.9

And they're better to drive.

0:23.4

And they're cheaper to drive.

0:24.7

So those constant advantages are really reflected in developing countries.

0:32.5

I'm Chris Hill and that's Bruce Usher, professor at Columbia Business School.

0:37.6

An author of the recently released book, Investing in the Era of Climate Change.

0:42.8

Maria Gallagher and Alice Lomax caught up with Usher to talk about renewable energy technology,

0:49.2

the opportunities and challenges in sustainable investing.

0:53.0

And one under the radar benefit of electric cars.

1:02.2

So to get started as someone who started in a more traditional finance route,

1:06.5

how did you pivot into a more sustainable investing kind of mindset?

1:10.7

So my background wasn't traditional finance.

1:12.6

I worked initially in Tokyo and then here in New York and on Wall Street.

1:16.7

And I pivoted just after 2002, I had the opportunity to join a small company

1:22.4

that was investing in climate change projects and developing countries all over the world.

1:27.7

And what was interesting about 2002, and I didn't recognize the time,

...

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