Transportation alone accounts for about a third of Greenhouse Gas Emissions and consumes about 45% of the annual global oil supply. Unlike in other sectors, efficiency has not offset increased demand. The first Model T in 1908 got 21 miles to the gallon, the average vehicle today gets 24 mpg. This is a .1% compounded annual growth rate in MPG improvement over the past 110 years.
The Hottest Day on Earth and the Weather Roulette Wheel
In this quarter’s investor letter, we discuss the economic opportunities being created by the continuous rise in temperatures. Download PDF
Redwood Grove’s Impact Report, Impact Resistant Windows and a New Logo
In this quarter’s investor letter, we discuss the impact of climate change on windows, introduce our 2023 Climate Impact Report.