  wildfires are raging across canada with a knockon effect across the us northeast forcing millions to stay at home while air quality became hazardous   air purifying stocks have risen on the stock market with whirlpool leading the gains this week   the biggest cleantech etf has lost over 5 in value this year suggesting the industry is still a longterm play for investors despite the climate emergency it’s been a sad week for the environment wildfires have reached recordbreaking levels in canada causing towns to be evacuated and smoke to turn the us northeast region’s skies into something out of blade runner air purifying stocks have performed well this week off the back of the chaos with the air quality set to be an issue running into the weekend it prompts another look at otherwise dull ventilation system stocks for investors to add to their portfolio and the cleantech market still presents an undervalued opportunity let’s get into the details the canadian wildfires are another reminder that we need to transition the world into cleaner energy sources you can help invest in ev renewable energy and clean tech etfs with qai’s clean tech kit which uses ai to do the heavy lifting it works by the sophisticated ai algorithm scanning through the weekly data to find the topperforming assets it then realigns your investment in the kit’s holdings to help ensure you’re maximizing your investment while doing good for the planet wildfires have torn across canada including the quebec and nova scotia regions with 457000 hectares of land already burned firefighters from the us and worldwide have traveled to canada to help stop the spread of the devastating wildfires canadian officials have called the situation “unprecedented” and wildfire records are being broken nationwide hundreds of fires are still raging with winds spreading the smoke over vast swathes of the us at one point on wednesday new york city’s air pollution was the worst of anywhere else in the world baseball games and outdoor activities were canceled schools were closed across the city and the advice was to stay indoors due to poor visibility the federal aviation administration faa has been forced to cancel thousands of flights this week in the new york ohio and midatlantic regions causing travel chaos for hundreds of thousands as of friday it appears the worst of the air quality woes will be over but air quality warnings will still be in effect for the northeast and midwest regions and the smoke could linger for days to come companies that sell consumer air purifying products had a good week whirlpool is up 76 in the last working week and newell brands saw a 3 boost to its shares on wednesday though those gains have since retreated johnson controls has seen a modest rise in the last few days by nearly 2 the biggest markets have managed to shrug off concerns with the sp 500 seeing a 125 boost in the last five days and officially exiting a bear market the nasdaq shifted slightly higher by 036 in the same period and the dow jones had the most success with a 195 climb the potential for the cleantech industry is massive especially when wildfire smoke brings reality home to the worlds financial capital 91 of the global economy now has some sort of carbon net zero pledge in place while the us inflation reduction act signed into law last year confirmed a 370 billion investment into shifting away from fossil fuels and we’re not short of announcements in the cleantech space globally this week the european parliament saw 100 cleantech solutions from 18 european countries presented to its body as part of the arch project while google launched its cleantech accelerator fund for startups in the middle east and africa but it’s still a longerterm play for investors than other markets like tech which is massively up in 2023 the biggest cleantech etf on the market the ishares global clean energy etf has lost 53 of its value in 2023 the first trust nasdaq clean edge green energy index fund has gained 10 though it counts outperformer tesla as one of its biggest holdings it wouldn’t be surprising to see further investment pour into the cleantech economy as a kneejerk reaction from hedge funds to the headlines this week which could see cleantech stocks grow in the coming months it’s only natural that with all of the concerning news a renewed focus on air quality stocks has materialized this week companies specializing in air quality have outperformed the sp 500 and dow jones industrial average this week carrier global which counts ventilation systems as one of its core products saw a downgrade to its stock after a morgan stanley analyst cut the price target from 49 to 47 a share the shares slid and at its worst point carrier was the biggest loser on the sp 500 on thursday but the share price has actually gained 86 this working week thanks to the wildfire headlines trane technologies is another more prominent player in the space focusing on ventilation systems with its share price having climbed 471 this week and holding onto gains for three consecutive days one outlier performance this week is technology conglomerate honeywell international which has only seen a 08 gain this week and saw a small slip of 012 to its share price on thursday it had a good earning report last quarter so some would argue that the stock is undervalued environmental concerns continue to grow thanks to global warming as we’ve seen this week with the devastating wildfires while governments and industries work to transition the planet into carbon net zero otherwise overlooked opportunities like air purification and ventilation system stocks could be a good buy for investors the cleantech industry also presents opportunities especially with the dizzying pace it’s moving at to make net zero a reality but with a lack of established companies in the space yet it’s a risky investment for traders to consider thankfully our clean tech kit makes life easier for those looking to add cleantech stocks to their portfolios climate change is a worldwide issue that has an impact on the global economy you can invest in other markets with qai’s lowrisk global trends kit which uses ai to invest in stocks and bonds forex and oil among other assets to help you build wealth it works by the ai doing the digging with the data to find the topperforming assets it then reallocates funds in the kit’s holdings as required to help you make the most out of every cent without the upfront work