Clean Energy Investments
Because of mankind’s industrial activity, the climate is starting to change. Leading to more air pollution, rising temperatures, water level of ocean increasing. Furthermore growth in demand form emerging economies will become unsustainable, a projection indicate that china will need 90 millions barrels of oil day by 2030 (close to the current world production). Finally the major oil fields are old and at a level of 80-90 per cent depleted, extracting oil become uneconomic.
All the elements are creating unique opportunities in term of business. Here we will present you the various class of investments, what we can call green opportunities.
1 Safety: No need to mention what happened to Chernobyl and more recently in Japan.
2 Nuclear proliferations: Which is the spread of nuclear weapons around the world.
3 Wastes: Until now we don't know what to do with the waste produced by a nuclear plant. High level waste must be stored for thousands of years until radioactivity drops to an acceptable level.
A new technology had been developped it is the coal gasification: It's one of the cleanest ways to convert coal into energy. Instead of burning coal directly, gasification breakdown coal into its basic chemical constituents.
All these investments have something in common. we are not looking at companies trying only to answer a new demand. For the majority of them, a market has been created thanks to various incentives provided by governments. Feed-in tariff, energy taxes, taxes credits and rebates, subsidies are instruments used by government to create local super champion. Without governments help, some technologies are not economically viable.
Sometimes, incentives work too well. For example because of the current financial crisis, Spain has implemented a retroactive tax on energy produced by solar panels. In some case, the government was wrong. For example, subsidizing ethanol has provoked the price of corn to rise, leaving poor people in difficult situation, with an ethanol industry not economically viable. Despite the effects of government budget cuts, green opportunities have a bright and profitable future.
If you want to know more about green opportunities, you can go to the Clean Technica website.
Nov 10, 2011