iShares Global Clean Energy ETF [ICLN] Stock Forecast

In a surprise move, Saudi Arabia pledges to reduce its oil output further by a million barrels a day, causing a noticeable uptick in global oil prices.

A fresh approach to averting an economic disaster, President Joe Biden and House Speaker Kevin McCarthy find middle ground to raise the debt ceiling, reshaping the way the US government operates.

JPMorgan Chase & Co., the U.S.'s largest bank, is making a considerable investment in carbon-credit markets, a decades-old framework intended to reduce the amount of Earth-warming greenhouse gases but that has lacked major players.

The annual inflation rate in the United States dropped to 4.9% in April 2023, the lowest since April 2021.

ICLN: Be Cautious About ESG Promises.

With Earth Day arriving this week, the VettaFi Voices had ESG investing on their minds — particularly, the “E.

Investors could incorporate green investing into their portfolio by choosing companies with strong environmental records committed to reducing their carbon footprint, minimizing waste, and conserving resource.

While sustainability motives drive some investors, the clean energy megatrend presents financial opportunities for all investors. It's undeniable that significant capital is being invested in creating a greener future, as concerns about the effects of climate change on the worldwide economy grow.

The iShares S&P Global Clean Energy Index ETF has beaten the S&P over the last three years, but I question whether it can continue its streak. Clean energy has progressed significantly in the last few years, but decarbonization and net-zero emission goals are unrealistic, expensive, and time-consuming.

Enphase Energy is a leading provider of microinverters and energy storage solutions for solar power customers. The iShares Global Clean Energy ETF is a balanced way to invest in a clean energy future.