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The world is going green, from recycling and power generation to organic groceries and sustainable fisheries. Everyone, it seems including climate change scientists, businesses, consumers and politicians is interested in easing the burden humanity places on the environment. Green Power Investments Green energy is a hot topic in a world concerned about climate change. Power generation that does not rely on the burning of fossil fuels to generate electricity for our homes or industries is creating a growing number of investment opportunities. Water, wind and solar are among the top sources of renewable energy. Water Stocks One of the most important natural resources we have is water. There is considerable fear the world will run out of fresh water due to climate change. Cape Town, South Africa, was months away from running dry in 2018, until swift conservation measures helped to replenish supplies. Water has also been the go-to resource for renewable energy for centuries. The ancient Greeks ran grain mills on water power. Today, projects such as China's massive Three Gorges Dam can supply electricity to between 70 million and 80 million households. According to the International Renewable Energy Agency, hydropower is the most cost-efficient means of generating electricity. Wind Power Wind is one of the fastest-growing sources of renewable energy, having increased 75-fold over the past two decades.18? China leads the world with 217 gigawatts of installed capacity in 2018, followed by the U.S. with 96 gigawatts and Germany with 59 gigawatts. If this renewable interests you, look for wind farms that sell wind-generated energy, or consider companies that manufacture wind turbines. Here again, there are few pure play stocks. Solar Energy Energy from the sun powers homes, buildings and a variety of other items from lights to radios. If you think the sun is just starting to rise in this industry, focus your attention on companies that make solar panels, which will benefit as homeowners and businesses increasingly adopt solar power. Of course, there is more to solar than panels. From components to installation, a wide variety of businesses present investment opportunities. BioTech Energy When it comes to transportation, TSLA is the first name on many people lists. While an attention grabbing leader and exciting technology have kept this company in the news, it is not the only game in town. On a smaller scale, researchers are working with fuelcell technology to develop an alternative method of powering automobiles. If this technology works, there are millions of cars and millions of consumers waiting for it.
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