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How the renewable energy revolution will inflict your private savings and also your 401k

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@solarwarrior
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If you followed my latest posts you can see that the renewable energy sector - especially solar PV - is destined to grow exponentially for the next decades! (sic!) https://steemit.com/ecotrain/@solarwarrior/solar-power-grid-parity-is-here-market-growth-becomes-exponential Renewable energy might become the biggest single economic sector in the not too distant future - as is oil today. This will of course have implications onto the stock market, debt markt and also derivatives.. and hence so on you personal portfolio, savings and wealth. There is already a good example of what could be coming... If you look at the time frame 2014 to 2017 every company involved into mining thermal coal crashed heavily.. most recovered because the economy swung back into upper gears again.. others went bankrupt loosing all of the investors' money.. however next time it could be something more drastic and longer term, even finit as it is very likely that peak coal is just in front of the door... not because of declining mining output.. but because of sharply declining demand due to the switch to renewable energies and natural gas.. there are already early warning signs visible: https://www.carbonbrief.org/guest-post-peak-coal-is-getting-closer-latest-figures-show and as I wrote in another article as of today no new coal fired power plants should be commissioned to meet the Paris climate accord targets as of today! https://steemit.com/ecotrain/@solarwarrior/committed-emissions-from-existing-energy-infrastructure-jeopardize-1-5-c-climate-target So obviously it is quite visible that this will impair thermal coal demand and hence output and profit of everyone mining thermal coal.. so I am not giving any kind of concrete investment advise here! , but I want to give you advise to look into your portfolio of funds, private equity, single stocks, credit instruments, derivatives and make yourself aware of this possible but highly likely risk.
Talk to your asset manager, your broker or your insurance company if they are aware of this risk and took appropriate measures... you will be surprised how negligent those people can be... and also of they are aware of the possible chances of renewable energies... .. because I can tell you.. if I am right about this you will definitely feel the outcome in your own bank account!

.. and by the way... the next thing getting in problems is big oil due to the electric car revolution.. just saying.. ;-)