Forget Being Woke and Get That Money

While analyst Jeff Siegel isn’t a fan of risk, especially when there’s little in the way of reward, that doesn’t mean you should avoid risk altogether. [Energy and Capital Header] Practical Investment Analysis for the New Energy Economy Forget Being Woke and Get That Money Jeff Siegel | Sep 07, 2023 Thirty billion dollars. That’s how much 3M (NYSE: MMM) could lose as a result of litigation tied to environmental damage from some specific types of chemicals the company produces. These chemicals are known as PFAS, or per- and polyfluoroalkyl substances. They’ve also been dubbed “forever chemicals” as they are incapable of decomposing. PFAS chemicals are used primarily in cookware and fabrics. They’ve been associated with a variety of serious medical conditions, such as liver damage, thyroid disease, obesity, fertility issues, and cancer, and they’ve been detected in the blood of nearly every American as well as marine and land animals. While no chemical company is immune from lawsuits, some are more exposed than others, and it is the fiduciaries' job to investigate this type of risk in an effort to provide proper risk assessments for investors. Fiduciaries that don’t properly investigate such risks are not only incompetent but in many cases open themselves up to lawsuits. In other words, this is serious stuff and not taken lightly by professionals. Now, here’s the rub… In the case of protecting investors from a $30 billion liability tied to environmental damage, a fiduciary must acknowledge environmental risk as a potential red flag. [twa plug in payouts]( And if you’re familiar with ESG investing, you know that the “E” stands for environmental. Anti-ESG zealots are often critical of this strategy because they believe there is no intrinsic value in this type of analysis and that it is merely the result of “being woke.” In 3M's case, ignoring environmental risk because one could consider it “woke” would be, for lack of a better word, stupid. To put this in perspective, 3M did $34 billion in sales in 2022. Its potential liability from the environmental damage tied to its chemicals is nearly 90% of its 2022 sales. And, of course, this doesn’t include what the company is paying in legal fees to fight these lawsuits. Now, I’m not saying 3M is going to shit the bed, but its legal battles will weigh on its ability to grow profitability in any significant way this year and likely well into 2024. By how much is anyone’s guess, but the risk is real. I don’t know about you, but I’m not a fan of risk, especially when there’s little in the way of reward. That’s not to say you should avoid risk altogether. It’s just that it should be carefully calculated and coupled with safe, income-generating investments in an effort to hedge against any potential downside. To give you an example of what I mean, I’m quite bullish on one solar technology company that has built a special type of solar panel that can power an electric car — and not just for a few miles, either. There's $322 Billion Worth of Lithium in Northwest Alberta...Why Can't Anybody Touch It? For more than 40 years, an oil company has been working a 671-square-mile chunk of northwestern Alberta, producing its lifeblood using brine that’s kept in hundreds of massive storage ponds. These storage ponds have long been known to contain a massive lithium resource, totaling an estimated 4.3 million tons. Just recently a tiny Vancouver-based technology company, founded and headed by petrochemical industry veterans, figured out a way to extract the lithium from this brine, very quickly and very efficiently. So efficiently, in fact, that the company can filter this oil field brine, returning it to the pond after processing, with a better than 95% capture rate. Production of salable lithium will cost between $3,000 and $4,000 per ton, while market rates price lithium at $70,000 per ton. They know where the lithium is, they know how to extract it, and, as of now, they have an agreement in place to work this giant lithium-rich property. Commercial production is now projected to be in place by the middle of 2024, with buyers already lining up. [Interested? Enter here to learn more.]( When integrated into the roof of an electric car, this particular solar panel can provide enough range to get more than 60% of the nation’s daily commuting public to and from work, every single day, without ever having to plug in. That company’s solar panels are already powering an electric car that can be driven 1,000 miles before running out of juice. [You can]([read about that one here.]( Now, this particular stock offers a lot of bang for your buck, but it does carry some risk. So along with this one, I’m also bullish on [a company that builds and operates small power plants all over the world...]( and pays investors monthly income, with internal rates of return as high as 14%. This is steady income generation, for as long as 20 years in some cases, and that steady income adds up fast. For instance, consider this one solar project in Brazil that is delivering an estimated $403,000 in dividends in just 10 years: [ensample] As an Energy and Capital member, [you can]([get access to this monthly income opportunity here](. Look, it’s all about balance. You want some calculated risk along with safety and steady income. It’s how the richest people in the world build their wealth, and it’s how I do too. To a new way of life and a new generation of wealth... [Jeff Siegel Signature] Jeff Siegel [[follow basic]Check us out on YouTube!]( [[follow basic]@JeffSiegel on Twitter]( [Wealth Daily ICYMI Header]( Why You Can't Buy the World's FIRST Flying Car The FAA just approved the FIRST EVER flying car for testing in America. [solar-car] The Alef Flying Car is not only capable of flying in the air like a plane... But it can also drive just like a regular car! "This is one small step for planes, one giant step for cars," said Jim Dukhovny, the CEO of Alef Automotive. As we speak, the company behind this airborne innovation is accepting pre-orders... With plans to have these cars ruling the roads (and skies) by 2025! Here’s the catch — this company is still private. That’s why I’m about to tell you about this publicly traded company you can buy now. Honestly, I think this flying car innovation is going to take a while before it really takes off. And that’s why I’m looking at this new innovation in the EV market. There’s a new class of vehicles that can recharge themselves. Yes, you read it right. Thanks to a small firm’s groundbreaking technology, [self-charging cars]( are now a reality. [solar-electric-car] These vehicles can charge WITHOUT needing to be plugged into any power source! And unlike traditional EVs, they don’t require bulky batteries or fossil fuels to operate. In fact, the car charges itself as you cruise down the highway... You could drive to work... run errands... or visit family and friends... All without spending a single cent on gas or electricity! The best part about it? These self-charging cars aren't luxury playthings exclusive to the wealthy. They’re quite an affordable option — costing 86% LESS than a new Tesla! Making them accessible to nearly EVERY American. However, there's a catch: Only one tech firm has the capability to power this new wave of vehicles. This is your call to action to load up on shares TODAY before this self-charging technology is being used by every carmaker in the industry and sends prices parabolic. [Click here to get started.]( [Fb]( [Li]( [Tw]( This email was sent to {EMAIL}. You can manage your subscription and get our privacy policy [here](. Energy and Capital, Copyright © 3 East Read Street, Baltimore, MD 21202. Please note: It is not our intention to send email to anyone who doesn't want it. 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