Thursday, February 23, 2017

Are there jobs in renewable energy?

Some people worry that changing to renewable energy will cost jobs. It's really nothing to worry about. Forbes in the USA did a comparison of the jobs in the various energy sectors and found that already the jobs in solar are double the jobs of all fossil fuels combined.

And that's when solar is only a small fraction of US energy and fossil fuels are about 80 per cent. Imagine what that will look like if solar is 10%, or even 20%.

The future definitely looks sunny for jobs.

Wednesday, February 01, 2017

I made a super switch

The email title was subtle - "Confirmation of your transaction". But it meant much more. Now my retirement savings are being invested ethically. Not with companies that are damaging the planet I will retire on.

The "transaction" was moving my old superannuation money into my fund with Australian Ethical.

If you are wondering about your current super fund, check out Super Switch. There you can also find a better fund - like Australian Ethical or Future Super.

PS. This was really easy to do. I'd already joined Australian Ethical so I just filled in a form to get my old (not so ethical) company to switch my savings across. Then the two companies sort it out for us. I should have done this ages ago.

PPS. As I write this my new fund averages 8.1% growth per year over the past decade. My previous fund did only 5.0%. It's great when the ethical decision is also a very profitable decision.