IMHO that is questionable. If you want to do it for altruistic reasons, saving the earth and so forth, then by all means go for it. But if you want to actually make money in the market, as most of us do, I definitely don’t think this is the way to go right now. Most of the companies in this industry are NOT profitable and are not likely to ever become profitable until and unless there is a great deal of additional government support provided. The fact is most of these new technologies simply cannot survive economically without a tremendous amount of artificial government support. Who the heck wants to pay three times as much for ‘green’ (or renewable) electricity when they can’t even afford the mostly fossil fueled electricity we have now? Unfortunately, government (like many individuals I know) is largely broke nowadays, and there is gridlock in congress that will continue to work strongly against any of these new federal ‘green’ energy initiatives.
That being said, many U.S. companies, including some of the electric utilities I own, already are investing in renewable energy projects (esp. wind power) and getting quite a bit of political mileage from doing this. In effect, electric utilities are being forced to become gradually involved in green energy in order to gain public favor with the utility rate commissioners in the various states who control the electric utility rates these companies charge their customers, and hence my stock dividends as well! So, to that extent, I AM committed to investing in green energy!
But overall, I’d have to say this green energy thing is mostly smoke and mirrors, ‘all hat and no cattle’ as they say in Texas. And speaking of which, I’m doing pretty well investing in traditional energy resources (especially natural gas companies), many of which are based in Texas and the gulf coast.
Good luck in your investing whatever you decide to do!
http://www.ReallyAmazingGuide.com/homeenergy
Transforming a kernel of corn into fuel-grade ethanol is nothing new for biofuel producers like Green Plains Renewable Energy.
We have 2 Evergreen Solar panels 180 watts each, Tristar 60Amp Controller, 2, 400 watt Air-x wind generators, about 8 marine deep cycle batteries from walmart now. A 250A DC breakerbox from Midnight Solar, Xantrex DR-2412 2400Watt Inverter, and a Reliance transfer switch.
The Ontario Green Energy Act, passed in May 2009, is extremely popular with the public notwithstanding both its infringements on basic individual and democratic rights, and also the substantially higher electricity rates it will cause. This post suggests that close coordination between government, renewable energy businesses, and environmental organizations, particularly government funding of environmental groups, helps to explain the political success of the legislation. This video was part of a panel presentation by Tom Adams at the York University Osgoode Hall Law School Professional Development conference June 15, 2009.
CHICAGO — June 17, 2010. Governor Pat Quinn today announced more than $1 million in federal stimulus funds for S&C Electric Company to manufacture products that improve the distribution and transmission of electricity, and to install a new green roof.