Over the last year, unique natural phenomena — including record heat waves in Europe — have contributed to high gas prices. Heat waves brought about droughts, which have reduced the supply of water and farmland.
While these situations aren't ideal, exchange-traded funds (ETFs) that specialize in investing in environmental, social and governance (ESG) companies offer ways to invest in climate realities, including theDeka Future Energy ESG UCITS ETF(FRA: D6RD) and theHarbor All-Weather Inflation Focus ETF(NYSE:HGER). These ETFs can include those likeSunrun Inc. (NASDAQ:RUN), which is a powerhouse in the U.S. solar industry.
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