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Kenz300 x
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Comments by "Kenz300 x" (@KJSvitko) on "Jim Cramer: 'I'm done with fossil fuel' stocks" video.
Electric Vehicles are the future. Wind and solar energy are the future. Fossil fuel companies and legacy auto makers that don't take sustainability seriously are done. This is the Iphone vs flip phone (Nokia), or film photography vs digital (Kodak), Horse and buggy vs automobile. Things are changing. They have to. There is a Climate Crisis that demands Climate Action. Wind and solar energy are safer, cleaner and cheaper than fossil fuels. Hands down the winner. Electric vehicles are just better than gas and diesel. No noise, no emissions, less fuel cost, less maintenance costs.
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Look how many coal companies went bankrupt in the last two years. Look how many coal power plants shut down in the past 5 years. From Wikipedia Quote below "The share of electricity generated from coal in the US has dropped from 52.8% in 1997 to 27.4% in 2018.[7] In 2017, there were 359 coal-powered units at the electrical utilities across the US, with a total nominal capacity of 256 GW[8](compared to 1024 units at nominal 278 GW in 2000).[9"] Fossil fuels are done. It is time to move on to better / cleaner / safer / cheaper technology.
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This is a big deal. Kramer has a huge platform. CNBC is probably not happy with him. They love their fossil fuels advertisers. There is a Climate Crisis. The world needs Climate Action Now. Individuals, politicians, corporations and financial institutions are all starting to understand the risks of fossil fuels. As divestment grows there will be a mad rush for the exits. Last one out will loose the most money. Your move Chase, Fidelity, Vanguard, Citi. Are you reassessing the risks of Climate Change and the disinvestment movement.
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