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Love this new tool I've been using from Interactive Brokers. I tell it what I care about ethically and it grades my stock portfolio based on the companies I invest in and their adherence to my moral preferences. Its a great way to invest and ensure you do so with an ethical motivation.
This is one of the portfolios I use for algorithmic trading. I'm trying to program into the algorithms a sense of ethics in how it trades and it seems to be working.
Avoiding "hazardous waste" *and* "greenhouse gas emissions" looks quite contradictory 🤔 so I'm a bit concerned that this "caring ethically" is nothing more than a selling point targeted a specific customer sector.
@2ck @kravietz Yea that confused me as well. If i prop up a wind turbine, which is little more than some metal blades, some wire, and a magnet, I am clearly reducing green house gas emissions.. Yet I wouldnt suddenly out of no where be dumping toxic waste in a river as a consequence of this decision... makes no sense, not sure what he really means.
This is counter-intuitive but it's a fact, if you look at material balances. Modern PV and wind turbines are way more than "some wire". In addition to steel and concrete they require special alloys and rare earth metals. All of which are being mined in huge open-pit mines that produce mining waste. And because especially rare earth metals usually coexist with radium and uranium, the waste is usually slightly radioactive.
