Oil: Energy Select Sector SPDR ETF (XLE)

633 Words3 Pages

Unethical companies:
1.Oil: Energy Select Sector SPDR ETF (XLE)

This company follows the industries that produce: oil, gas and consumable fuels and energy equipment and services. ETF is a company that offers exposure to the energy industry in the United States and offers the largest products to companies that produce oil(petroleum).

Oil and gas production affects the Earth during production. This spend waste and contain many substances and toxic chemicals like: hydrocarbons, metals, radioactive material and this makes pollution. Substances affects people and animals through the oxygen we breathe because this production releases chemicals that are very harmful to health.

On 2010, an oil spill occurred in the Gulf of Mexico. this event …show more content…

The waste heat from a gas turbine can be used to raise steam in a combined cycle plant that improves overall efficiency, but this can be a risk to the environment.

Power plants generate tons of carbon dioxide, they also produce other substances that pollute the atmosphere like sulfur dioxide, nitrogen oxides, carbon monoxide and lead. These power plants produce mercury that damages oceans, nearby rivers or lakes are damaged by these substances that affect marine life and ecology.

China on March 16, 2015 a climatic change occurred in the aure that was a great impact in the country. Air in China was contaminated and people had to wear face masks to protect themselves. This affect our Earth and people. This is generated for power plants and produce substances toxic. Pollution Is killing thousands Of People In China Every Day.

What could have been done different? You could recycle and save more energy at home because that is produced by the power plant and creates a lot of pollution. We must recycle and save so that this does not make the air contaminate and harm people. The most important thing is to avoid contaminating the earth and the air we

More about Oil: Energy Select Sector SPDR ETF (XLE)