NFE - Green investments struggle as a 'code red' climate report is issued

The United Nations issued a stark warning on climate change yesterday with a call for immediate large-scale action on cutting emissions. The Intergovernmental Panel on Climate Change's report put the blame "unequivocally" on human activity and U.N. Secretary General Antonio Guterres said the findings were a "code red for humanity." Some changed are already locked in, with Greenland's land-ice sheet expected to keep melting, leading to rising sea levels. Heat waves that occurred once in 50 years are now happening every 10 years. Currently, the Dixie Fire in California is now the second-largest wildfire in the state's history and could take weeks to contain. And the harshest heat wave in 30 years is leading to damaging wildfires across Greece and Italy. There's a general acknowledgment on Wall Street that moving away from fossil fuels, the biggest cause of carbon emissions, will happen. Just look at the performance of Tesla and

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Green investments struggle as a 'code red' climate report is issued