Invest in Green
The last energy crisis seems to have had something of a lasting impression on government policy, personal behavior and investment practices.
The federal government has targeted billions of dollars of stimulus money for green technology and jobs, while Congress is working on major legislation addressing climate change.
State and local governments are forging ahead where and when they can, requiring more energy be derived from alternative sources and offering tax breaks for consumers and businesses.
On a grand scale, dozens of countries will meet in Copenhagen for a global climate change summit in December.
More than ever, business is looking for answers—from policymakers, capital markets and its own R&D people. There may not be consensus yet on regulations and valuations but there’s a broad agreement that the inevitable is just around the bend: invest in green, prepare for green and profit from green.
Green investing is an option and an increasingly more popular one. It is now also a sector of great diversity and various degrees of participation. It’s easy to get a little green in your portfolio without enormous risk; at the same time, fortunes will be made on as of yet unproven technologies and products.
Some would compare the green tech revolution to the Internet one of 15 years ago. That too had its true believers, early adopters and chorus of skeptics.
Courtesy Albert Bozzo CNBC.com
Tags: climate, green, policy, technology
Latest Post | admin December 1, 2009
1 Comment to “Invest in Green”
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By SolarUK, December 2, 2009 @ 3:33 AM
As far as solar power is concerned, the UK government doesn’t provide the same sort of incentives the German one does; hence Germany leads the European solar field. But even so, solar hot water in particular is actually looking more and more cost effective, the reason being that fossil fuel prices continue to rise. Here in the UK companies such as SolarUK have seen plenty of enquiries from potential customers, despite difficult economic conditions, who are aware that a well-designed system (such as the LaZer2) can provide 50% to 70% of a household’s hot water needs, often rising to 100% during the warmest months of the year (these percentages apply to the UK).
Here is a link to a blog article on this subject:
http://solarukweblog.wordpress.com/2009/10/14/solar-energy-set-to-close-the-gap-on-fossil-fuels/