CalSTRS to Dump Coal in Move to Sustainable Investing

The video discusses different types of coal, focusing on thermal and metallurgical coal, and their uses. It highlights the challenges of coal usage in emerging markets, particularly in India. The discussion shifts to fracking and the importance of ESG (Environmental, Social, and Governance) factors in investment decisions. The speaker emphasizes the need for long-term investment strategies, considering sustainability and potential carbon pricing impacts. Finally, the video explores evaluating energy investments, focusing on consistency and avoiding short-term speculation.

What is the primary use of metallurgical coal?

• Cooking

• Generating electricity

• Industrial uses

• Heating homes

What does ESG stand for in investment terms?

• Environmental, Scientific, and Governance

• Environmental, Social, and Governance

• Economic, Scientific, and Governance

• Economic, Social, and Governance

Why is fracking considered controversial in the energy sector?

• It causes earthquakes and environmental concerns

• It is not efficient

• It is too expensive

• It is banned in most countries

What is a potential long-term impact on companies like Exxon due to carbon pricing?

• Increased profits

• Reduced carbon emissions

• Higher operational costs

• More government subsidies

What is the main challenge for long-term investors when considering ESG factors?

• Balancing short-term gains with long-term sustainability

• Dealing with frequent market changes

• Finding enough companies to invest in

• Understanding complex financial reports