NewEnergyNews More: Why Investors Should Still Think New Energy

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  • Monday, April 17, 2017

    Why Investors Should Still Think New Energy

    Investing in Solar and Wind in a Coal and Oil Moment

    Norm Alster, April 15, 2017 (NY Times)

    “Alternative energy investments like wind and solar power have not performed well in recent years. To make matters worse, the Trump administration has opted for a resurgence of coal and other carbon fuels, not an emphasis on alternative energy…Yet there is a reasonable argument that the outlook for investing in renewable energy may actually be quite good…For one thing, wind and solar power have been rapidly winning market acceptance…[W]ind is now being harnessed to produce 5.5 percent of America’s electricity…And the solar industry now employs over 260,000 workers nationwide…The reliance of [and increasing number of red states] on wind and solar could foreshadow continuing support for alternative energy within sectors of the Republican party, despite the pro-fossil-fuel stance of the president…the Guinness Atkinson Alternative Energy fund [and the First Trust Global Wind Energy ETF are good places to start]…” click here for more

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