Key takeaways
- Wildfires are raging across Canada, with a knock-on effect across the US Northeast, forcing millions to stay at home while air quality became hazardous
- Air purifying stocks have risen on the stock market, with Whirlpool leading the gains this week
- The biggest cleantech ETF has lost over 5% in value this year, suggesting the industry is still a long-term play for investors despite the climate emergency
It’s been a sad week for the environment. Wildfires have reached record-breaking levels in Canada, causing towns to be evacuated and smoke to turn the US Northeast region’s skies into something out of Blade Runner.
Air purifying stocks have performed well this week off the back of the chaos, with the air quality set to be an issue running into the weekend. It prompts another look at otherwise dull ventilation system stocks for investors to add to their portfolio and the cleantech market still presents an undervalued opportunity. Let’s get into the details.
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