Everyone can profit greenly

Category: Thinking

Taking real steps to save money and reduce the impacts of climate change is important, but also hard. Sometimes you need to step back and think more about the big picture to motivate yourself. Exploring the larger philosophical reasons behind what it means to profit greenly can help.

Batteries Not Included: Why Most Solar Homes Don’t Need Storage

The first question people usually ask after learning that I have solar panels on my roof is whether I bought a battery backup system as well. This makes sense from a basic off grid viewpoint, but not so much in the real world. Most electrical grids have such low levels of renewable generation right now that they can easily act like huge batteries for the small numbers of people who get solar roofs. For grids like this installing individual battery systems is a waste of resources. In this post I’ll try delve into why most solar homes don’t need their own energy storage yet and how this will change in the future.

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If College Endowments Value Profit Why Aren’t They Installing Solar?

Recently, there’s been a big push to get colleges and universities to sell their fossil fuel holdings. This divestment movement has often hit resistance from administrators who say that their endowments should be invested to produce the maximum return on investment (ROI). What if it turned out that those endowments were already not maximizing their ROI because they weren’t investing in solar panels to power their schools? University endowments are hurting both the world and their bottom lines by this inaction. Read on to find out why.

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How the EV Transition Will Affect Car Prices

Cars are one of the major sources of pollution in the world and a huge drag on people’s wallets. Right now we’re at the start of a massive shift in car technology. If prices for batteries and EV motors continue their downward trends then new EVs will MSRPs similar to gas cars sometime between 2022 and 2024. This is really quite soon and as people start to understand that EVs have much lower maintenance and fuel costs than gas cars the transition may be quicker than many people are currently anticipating. How this will affect the prices of cars, both new and used is a very interesting question that has a direct impact on your financial life. Should you buy a used Tesla now? How about a hot new Dodge Hellcat or a “practical” Honda Civic? Read on to find out.

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Don’t Give Up on The Climate Just Yet

My uncle sent me this New Yorker piece about how we should all just give up on fixing climate change. I saw that the author was Jonathon Franzen, and while I couldn’t quite put my finger on anything he’d written the name rung a bell and this recognition gave me the initial impression that he must be a smart guy. After reading the article I’m convinced he’s an idiot and just the sort of science skimming pessimist that I can live without. He starts out by saying that “we’ve made essentially no progress” on climate when a more accurate statement would be that we have made a ton of progress, but have not yet substantially reduced our total emissions.

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What is Profit Greenly?

Hi, and welcome to Profit Greenly. I made this blog because I got sick and tired of all the misconceptions people have about the cost of going green. This hit me in the face when I did the math on how much solar panels would save me and realized that I was literally losing money every second I didn’t have them installed. I was just one of the many people who thought that going green meant losing money. It turns out that for many things that is an outdated notion. In this blog I’ll explore some profitable, environmentally friendly changes and explain how they can put you in the black, or should I say green?

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