What To Buy In The Global New Energy Boom

20 stocks for maximum growth as the world switches to clean energy; A landmark U.N. climate report is urging policy makers to reduce carbon output. These companies operate in industries aiming to do just that.

Philip Van Doorn, August 11, 2021 (MarketWatch)

If you would like your investments to help protect the Earth, you might as well go in for the long term and try to make a lot of money as companies specializing in low-emissions and sustainable energy technologies grow…[The United Nations Intergovernmental Panel on Climate Change Aug. 9 report showed] the past decade had been the warmest over the past 125,000 years…

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[Investors] need to move toward lower emissions, more sustainable power sources, smart electric grids, among other things…A diversified investment in one or more exchange traded funds [ETFs] focused on clean energy is one way to do this … ETFs have varying strategies, and definitions of alternative or clean energy companies may be broad. For example, electric-vehicle maker Tesla Inc. TSLA also makes solar-power-generation equipment and is held by QCLN, ACES and GRID. Rival EV makers Nio Inc. NIO and Xpeng Inc. XPEV are held by QCLN…

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…[S]olar energy is the most common industry [but wind, hydroelectric and geothermal energies are also represented] among companies held by ETFs in the alternative energy category…Performance among these alternative energy ETFs is mixed, but for the three- and five-year periods, all handily beat the returns of the S&P 500 Index SPX...” click here for more

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