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German investor confidence nosedives after VW emissions scandal 04/27/2022

German investor confidence nosedives after VW emissions scandal.
The revelation that millions of Volkswagen diesel cars had been polluting the air far more than had been claimed has helped send German investor confidence plunging.
Weakness in emerging markets is also blamed for the fall.
The monthly survey by the ZEW Centre for European Economic Research showed economic sentiment slid to 1.9 in October from 12.1 last month – far below what was forecast and the seventh consecutive decline.
A separate index tracking current conditions also dropped more than expected.
VW’s admission that it fixed emissions tests in 11 million of its diesel-engine cars wiped tens of billions of the company’s market value.

German investor confidence nosedives after VW emissions scandal The revelation that millions of Volkswagen diesel cars had been polluting the air far more than had been claimed has helped send German investor

Why 'greening' your pension could be essential to fight climate change 04/24/2022

Green pensions could be the ‘most powerful weapon’ we have to protect the planet.
Switching to a sustainable pension could be 21 times more powerful in the fight against climate change than giving up flying, becoming vegetarian and choosing a renewable energy supplier combined.

According to research from the Make My Money Matter campaign, greening your pension might be the single most effective action an individual can take to reduce their carbon footprint.
For those with an average size pension pot (£30,000 in the UK) transitioning to a sustainable option could save as much as 19 tonnes of carbon a year, the study found. If you have more saved, at least £100,000, a greener pension might cut as much as 64 tonnes of emissions every year - that’s nine years worth of the average UK citizen’s carbon footprint.

Why 'greening' your pension could be essential to fight climate change Switching to a sustainable pension may be a more effective way of cutting your carbon footprint than not flying.

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