Green energy doesn't necessarily mean a good investment and here are three green investments I would avoid.
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Green energy doesn't necessarily mean a good investment and here are three green investments I would avoid.
More...
I suppose it was inevitable that green technology would be tested in the financial marketplace, but I think it's a big mistake. The common standard of judgement is profit, so if a green product cannot be sold cheaply enough to compete with already existing products, it is seen as a failure. But the whole purpose of green technology is to stop pollution, not to make a million dollars for investors! But most of those who oppose green technology do so because, like battery-powered cars, it partially eliminates the need for polluting products like gas burning cars. So, people who earn stock dividends from the automobile industry feel threatened, especially when it becomes clear that green products are more expensive to produce and therefore higher priced, which means there's no rapidly growing market and thus no profit to be had by investing in it; and to them, profit seems to be everything, even though none of them will survive when the planet turns sour from the masses of pollution dumped and spewed into the environment by thousands of coal and oil based industries.
Last edited by nrdthxpr; 12-07-2011 at 03:13 PM.
This is not true there can be a huge market for growth by using smaller community based designs mentioned here Community Power Generation
Basically the trick is to find the middle line between huge plants and individual power production .. as a community based power generation company that builds medium size block style energy production you can contract with individual home owners and receive what normal power companies charge at the same time providing clean power.
Companies like solyndra give green companies a bad name.. everyone knew it was a bad investment from the beginning.
I always thought something was very wrong about the huge power lines held up by endless armies or steel robots. All that money, and it can be brought down by people with explosives out in remote locales. Weakness, and waste. Either local power generation through small modular reactors, or wind and solar farms, or independent home power systems, are far better to me.
The biofuels were shown to use more energy than they give and to produce CO2. The high tech batteries have started on fire, while our older tech Ni-MH works fine in our hybrid. The supposedly cheap affordable thin film tech has shown to be more expensive and less long lasting than what we already have.
The grid tie systems have proved to be usually money pits, and we knew from the get go that solar was only feasible for us if we installed it ourselves. Too many profiteers out there in the supposedly green movement, which to them means green cash from you.
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