Experts agree, the smart investment bet these days is in renewable energy. In 2011, investments in clean energy reached a record $260 billion worldwide. And we haven't reached the top of that climb. As an article in Forbes.com pointed out, even if we conservatively assume the renewable portfolio standards set in 29 US states and the District of Columbia don't expand at all- analysts predict that several hundred billion dollars of investment in renewable energy generation projects will be required between now and 2030, just to meet those standards.
The article also points out another interesting point- investment in clean energy is good for utility companies too. Diversifying the supply of energy allows the utilities to hedge against the predictably unpredictable volatile fossil fuel prices. these investments are win-win-win.
"The bottom line: For investors looking for financially sound, environmentally responsible, climate-friendly investments, renewable energy project finance is worth a very close look."- Mindy Lubber (forbes.com)
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