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Can You De-Risk Your Portfolio by Investing in Diversified Mining Companies During the Great Transition?
As the global community pulls together to create plans for a net-zero transition towards decarbonization, governments have been establishing executive orders relating to the adoption of electric vehicles (EVs) and hybrid cars.
Starting this year, countries, such as the United Kingdom, require all new houses built to have some sort of EV charging station attached on the outside. And companies operating in the design and production of electric vertical take-off and landing (eVTOL) aircraft, such as Joby Aviation Inc. (NYSE: JOBY) and Embraer SA (NYSE: ERJ), are racing to become the first to deliver air-taxis, chartered by crowdsourcing applications to various metropolitan areas across the globe.
While experts foresee global carbon emissions cut in half by 2030, most countries banning or slowing down the sale of gas-powered internal combustion engine (ICE) vehicles by 2035 — most countries will be at “net-zero status” by no later than 2050, a period of time, where others foresee a trend towards net-negative carbon emission.
In a recent article with Seeking Alpha, finance writer Austin Craig outlined the following trends in the EV sector:
- Unconfirmed reports place Ford Motors (NYSE: F) investing…