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Why clean energy ETFs are cleaning up

Posted on 15 August 2013

Clean energy companies have rebounded in 2013 and the sector is climbing higher with President Obama’s “Climate Change Action Plan” in focus. The latest IEA report supplies data that supports a further run-up in clean energy exchange traded funds.
“The International Energy Agency’s (IEA) new policies imply that 57% of power capacity added during 2013-2030 will be from clean renewable resources (including large hydro). In fact, BNEF (Bloomberg New Energy Finance) estimates that wind and solar will take up the largest share of new power capacity added in terms of GW by 2030, accounting for 30% and 24%, respectively,” Zacks Equity Research wrote………………………………………..Full Article: Source


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VRS - who has written 37015 posts on Opalesque Commodities Briefing.


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