June 13, 2025
Follow the Money – Your Money
You reduce, you reuse, you recycle. You petition your representatives. You educate yourself about clean technology. But have you followed your money lately? Specifically, your investments?
“It turns out that moving your investments to a climate-friendly investment option is the single most impactful thing that the average American can do for climate change,” says Alex Wright-Gladstein, founder and CEO of Sphere, which offers a fossil fuel-free index fund. “It’s more impactful than the combination of going vegan, never flying again, driving an electric car, putting solar on your house.”
Your retirement accounts – 401(k), IRA, etc. – can fund climate solutions instead of funding climate problems. Wright-Gladstein’s Sphere 500 Climate Fund gives you a cleaner choice. The fund is composed of the top 500 companies in the U.S. by market value but without fossil fuel companies. Figuring out if your investments are supporting climate solutions instead of crises can be challenging, but there are tools to help you find out. Details on that next week.
Local notes: the Sustainable Solutions Fair comes to Encinitas Community Park on Sunday, June 22, 10 am – 1 pm (www.cleansd.org). You can still catch stories through June 15 on NPR’s Climate Solutions Week: Rethinking Home (www.npr.org/climateweek).
Posted by Donna Gerhauser