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[ad_1] Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.  The greenification commodities supercycle  While there may be a broader commodities supercycle underway, what appears to be more of a sure thing is the green commodities supercycle. To reach our global net-zero CO2 targets by 2050, and the interim targets for 2030, nations around the world will have to produce a spectacular number of electric vehicles and produce clean energy at a prodigious rate.  It will take an incredible amount of materials (commodities) to build those vehicles and batteries, and to create the amount of clean energy required to meet those goals.  Setting the table for the greenification of the commodities supercycle is this article in the Financial Post. by David Rosenberg, who created an index to track these commodities:  “On the metals/mining front, the World Bank estimates more than 3 billion tons of metals and minerals will be needed for renewable energy infrastructure by 2050 in order to achieve the goals from the Paris Agreement. We include copper, graphite, nickel, lithium and cobalt, since all are essential in the electrification process, the transition from internal combustion engines to electric vehicles, and the building of energy storage technologies—a requirement in the widespread adoption of renewable sources as energy demand and energy supply do not match as easily compared to fossil fuel sources.” Within that post Rosenberg frames the amount of additional commodities that will be required, citing an International Monetary Fund report. The need for lithium and cobalt are expected to rise by a factor of six; copper demand will increase twofold; the nickel requirements will increase by four times. Much more silver will also be required, but not to the same degree as the aforementioned list.  Most of that increase will occur before 2030, as we do need to get a move on to save the planet for future generations.  I was up early this morning and I did solve the climate crisis. Post to follow on that.And here's how much we'd have to ramp up greenification to meet the 2030 target. @HennigarRd @myownadvisor @matlitalien @TheDividendGuy pic.twitter.com/9G8KZb70Ti — CutTheCrapInvesting (@67Dodge) November 23, 2021 The Guardian quotes Mark Lewis, chief sustainability strategist at BNP Paribas Asset Management: “The next three decades are ‘likely to bring a supercycle in investments in clean energy infrastructure, clean transportation and everything else that is required to make the green transition possible.’ ” The green investment trend is obvious, and it’s right in front of us. Regular readers of “Making sense of the markets” will know that I like the potential of those undeniable investment trends. It should also be noted there is no sure thing, but I do like the calculated risk here. And certainly, I should offer the obvious: The planet is more important than our investment portfolios.  Many investors will use baskets of commodities as an asset class and part of the portfolio. Commodities are known to be the most reliable and most effective inflation hedge. But the world does change, and we might tilt our portfolio toward future-based trends. That ability to tilt to the future exists in the commodities space.  I hold a materials ETF, plus the Purpose Diversified Real Asset Fund and a U.S. dollar commodities ETF. I hold commodities, but those funds would offer more broad-based exposure. And I do get some green commodities exposure by way of the BATT ETF, whichplays the electric vehicle and battery ecosystem.  I am certainly looking to shade in some greenification commodities exposure. Unfortunately, there is no ETF for that yet.  There is a Canadian ETF that gives exposure to global lithium producers that looks like a very good option: HLIT from Horizons. The fund has impressive gains out of the gate. It was launched in June 2021.  An investor would then have to build their own basket of cobalt stocks, copper stocks, nickel stocks, silver stocks and others.  For research candidates, you might look to this list of copper stocks and this list for nickel.  You may find enough of what you’re looking for in a diversified base metals ETF. Here’s an equal-weight ETF offering from BMO.  If you do find a more environmental-focused commodities fund, please drop a note in the comment section.  And one last kick at the oil can  Mark Lewis, the chief sustainability strategist at BNP Paribas Asset Management, previously mentioned in that Guardian article. With respect to traditional energy, he offered this interesting perspective in The Guardian:  “However, higher fossil fuel prices could also tempt major oil and gas companies to invest in lucrative new projects by inflating the profits of existing portfolios in “one last party” for fossil fuels, he warned.” That is a wonderful segue to our next topic.  The risks of investing in the Canadian oil stock party I’ve written that I’m a fan of investing in Canadian oil and gas stocks before. The investment rationale made a lot of sense (to me) over a year ago, and I’m still buying the argument and the energy stocks.  The Canadian oil and gas sector is coming out of a bear market that lasted for several years. And now, over the last year, energy is the best-performing sector. Many might now be drawn to the sector, based on the returns and the momentum. But investors should consider the bull and bear thesis before investing.  The risks are real and considerable.  There’s political risk. Oil and gas is on the wrong side of global sentiment and government policy as we strive to reach net zero emissions by 2050.  Here was an interesting poll I offered on Twitter: The global environmental goal is to get to "Net Zero" CO2 emissions by 2050. Do you know what net zero means? Without checking Google. Pls share. @myownadvisor @matlitalien @CheesyFinance @JonChevreau @FrugalTrader @Tawcan @genymoneyca @AnitaSharma @TheDividendGuy — CutTheCrapInvesting (@67Dodge) November 23, 2021 There might be an attempt to tax these companies out of business. Or at least, increasing tax rates

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[ad_1] Analysis-New COVID scare sparks rate rethink in markets [ad_2] Source link

[ad_1] The SEC announced the schedule for the polls on the basis of a state government notification, declaring the date for the KMC election. [ad_2] Source link

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[ad_1] WHO cautions against imposing travel restrictions due to new variant [ad_2] Source link

[ad_1] Coronavirus Vaccine Registration, Covid-19 India Latest Update, Coronavirus Cases in India Today, November 26: The rise in daily numbers of Covid infections has been below 20,000 for 49 straight days, according to the health ministry. [ad_2] Source link