Ecological Trends for 2024 & Beyond

Question 1

List economic consequences for the natural environment

Answer 1

1. Climate change receives a lot of attention that can impact a wide range of outcomes (food, real estate, etc.)
2. In 2023 clean energy attracted $2.8 Trillion in investments globally
3. Declining biodiversity can affect healthcare
4. Water shortages can create geopolitical tensions that disrupt commerce
5. Customers want environmentally friendly products & services.

Question 2

How are natural disasters becoming increasingly expensive?

Answer 2

1. Higher property value and growing populations
2. Healthcare costs and insurance premiums will rise for years afterwards

Question 3

The government has allocated over $500B in funds for clean energy since 2021

Answer 3

true

Question 4

The government funds target new tech like TVs, public transit, clean water, etc.

Answer 4

true

Question 5

List possible downsides to government funding

Answer 5

1. Boosts potential for corruption and other forms of cronyism
2. Redirects resources from other spending priorities which can lead to tax increases.

Question 6

Countries that neglect climate goals may have efficiency advantages over countries that adhere to them.

Answer 6

true

Question 7

Managers believe stakeholders value ESG goals

Answer 7

True

Question 8

Powerful institutional investors can pressure firms to adopt ESG policies, while some governments like the EU apply additional pressures

Answer 8

True

Question 9

Electric vehicle demand has tripled since 2021

Answer 9

true

Question 10

Western governments use regulation to phase out the production of petroleum-powered vehicles in favor of EV

Answer 10

true

Question 11

EV companies do not have the capacity to meet the demand

Answer 11

true