Augustus Christensen

ex-Wall Street money nerd
Sharing knowledge for people + planet
Founder @sharescoops

[The Money Maze Podcast @themoneymazepod]

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#MoneyMazePodcast #FinanceInfluencers #MoneyMatters #Podcast #Finance

[Augustus Christensen @Augustus_SS]

🚨 Gold is soaring!

This week, gold hit a record high of $2,748/oz—up 33% this year.

Why?
➡️Global uncertainty (Middle East, US elections)

➡️Lower interest rates making gold more attractive than cash.

Investors are flocking to gold as a safe haven in uncertain times.

[Augustus Christensen @Augustus_SS]

Good news: Paychecks gained 40% more buying power than inflation this year!
➡️Wages grew 0.4% in September, double the inflation rate.
➡️Inflation-adjusted wages up 1.5% this year.
➡️Employers cut hours, so weekly earnings only rose 0.9%.

Still, a positive trend for your wallet!

[Augustus Christensen @Augustus_SS]

why homes are so unaffordable

[Augustus Christensen @Augustus_SS]

Texas and California led the way with massive utility-scale installations powering millions of homes.
#renewable #sustainability
#sharescoops #stakeholdercapitalism #stakeholderadvocacy #corporatetransparency #corporateaccountability

[Augustus Christensen @Augustus_SS]

Solar is America’s favorite new energy source, accounting for more than half of all new electricity capacity added to the national grid in 2023 for the first time ever.

[Augustus Christensen @Augustus_SS]

The Solar Energy Industries Association and analytics firm Wood MacKenzie reported a record 32.4 gigawatts of new solar capacity came online last year, a 51% increase over 2022. Lower materials costs and clearer supply chains drove the surge.

[Augustus Christensen @Augustus_SS]

Throughout 2023, labor productivity increased by 1.3%, and inflation-adjusted wages rose only 0.1% after declining -4.1% in 2022 and -0.3% in 2021.

[Augustus Christensen @Augustus_SS]

Americans keep getting more productive, but wages haven’t grown as quickly.

[Augustus Christensen @Augustus_SS]

The Labor Department reported that nonfarm business sector labor productivity increased at a 3.2% annualized rate in the last three months of the year, which was far more productive than expected. Output increased 3.5%, and hours worked increased 0.3%.

[Augustus Christensen @Augustus_SS]

China expanded its solar and wind capacity more quickly than anyone in 2023, but a sharp increase in commerce from the world’s second-largest economy increased emissions.

[Augustus Christensen @Augustus_SS]

Global fossil fuel pollution rose to a new record last year as droughts hampered hydropower production.

[Augustus Christensen @Augustus_SS]

An international expansion of renewable energy use helped curb pollution across major economies, with emissions declining by 4.1% in the US and 9% in the European Union last year.

[Augustus Christensen @Augustus_SS]

The country is six years ahead of schedule on its commitments under the international Paris Agreement, in which nations pledged to keep global warming to less than 1.5 degrees Celsius above pre-industrial levels. China expects to reach net-zero emissions by 2060.

[Augustus Christensen @Augustus_SS]

🌏China may reach peak fossil fuel pollution by the end of this year.☀️

The world’s biggest polluter ramped up solar power capacity by 55% last year, spending 40% more than the previous year.

[Augustus Christensen @Augustus_SS]

It now offers bottles made from 100% recycled plastic in over 40 markets worldwide. Coca-Cola aims to make all its packaging 100% recyclable by 2025 and incorporate at least 50% recycled content in its plastic bottles by 2030.

[Augustus Christensen @Augustus_SS]

Are the biggest plastic polluters doing anything about the #plasticwaste crisis?

[Augustus Christensen @Augustus_SS]

The beverage giant has made a shift away from virgin plastic use, started making all of its bottles recyclable, and recently unveiled a new reuse program to encourage consumers to return and refill their beverage containers instead of disposing of them.