9.5% = 100%

Some stats that blew my mind:

Just 9.5% of the money in Australian Superannuation funds ($754 billion) is all that’s needed to fund Australia’s transition to 100% renewable energy by 2050.

It would actually transition us to 100% renewables by 2030 for stationary power (that’s grid-connected power, so we’d still be using petrol for vehicles), but it’d snowball from there.

By 2035 we’d see:

☀️ 41% of transport, and 50% of industry powered by renewables by 2035.

⚡A rapid transition to electric vehicles.

👋 Au revoir coal mines.

🎉 100% decarbonisation by 2050.

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What will it take?

9.5% of us moving our superannuation to funds that invest in renewables.

Here are a few to consider:

• Australian Ethical
• Future Super
• Aware Super

(Quick Tip courtesy of The Super Guy: make the switch through your new super company, not your old one. It’ll take you around 15 mins, and should transfer in full in 1-4 weeks).

Comprehensive list of ethical funds and… otherwise… here.