These days, every profitable company tries to pursue a green-driven policy. Market leaders look for renewable sources, they try to confine emissions and they show great interest for sustainable growth.
Referring to the RENIXX index, which measures the performance of the world’s thirty largest renewable-energy companies, the green-energy boom wouldn’t be that big as it pretends to be.
A long-term drop of the RENIXX proves that the hype around renewable energy is contrary to the actual facts.
The economic downturn is clearly to blame for the fall of 15% in shares of renewable-energy companies. During the recession every company will take financial measures to survive instead of making investments in environmentally friendly technologies and resources.
However, some CEO’s of American energy firms insist that green is anything but dead. They expect a glut of green resources in the coming years. The electric-car business, for example is boosting: America, as well as China are investing heavily in the new green vehicles.
It’s clear that the recent financial problems prevent the boost of sustainable growth. But in my opinion, we cannot talk about a bubble in green investing.
The blog entry about ‘Ethical banks’ describes perhaps a sweet solution to recover the investments in renewable-energy.
Lennert Thomas
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