A New Energy Investing Tip From S&P

Why Clean Energy Now

Phillip Brzenk, 3 February 2021 (S&P Global)

“…[P]ower generation coming from renewable sources, such as wind, solar, hydro, and geothermal, should provide the majority of the world’s energy needs by 2050…[Its use] has been increasing significantly over the last decade…The primary driver behind the shift from traditional energy sources, such as petroleum, natural gas, and coal, to renewables comes from a “critical mass” of governments around the world looking to adopt policies that seek to lower the global carbon footprint…

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…[Most notably, the landmark Paris Agreement] calls to keep the increase in global average temperature to well below 2°C above pre-industrial levels and aims for a climate-neutral world by mid-century…Come 2050, electricity generation from renewables is expected to come from a well-diversified mix led by solar, wind, and hydro…[T]he clean energy push clearly needs to be a global phenomenon, as the growth in consumption through 2050 will primarily be from non-OECD countries…

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With the surge in demand for renewable energy, companies in the clean energy space are poised for similar growth…[The] S&P DJI offers the S&P Global Clean Energy Index, which provides liquid and tradable exposure to 30 leading clean energy companies…[and] attempts to represent the full clean energy ecosystem by including companies both on the production and the technology & equipment sides in the various segments of renewable energy across the globe.” click here for more

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