Clean Energy
The Earth’s climate has progressively gotten worse over the past 100 years. After the Industrial Revolution, we constructed our entire society around energy. The use of power, the production of power, and the protection of power. However, the means we have used to create this energy like coal and oil have been killing the planet. Temperatures have been rising, and ecosystems are dying. Without change, the planet will die and we will be the only ones left. However, that future is impossible. We have made necessary advancements in education and awareness so that there are enough brilliant people interested in fixing this problem. Our technology is advancing at a fast enough rate for this problem to begin to get fixed. One of the chief ways climate change is being fought is through a change in energy production.
Coal and oil have been regarded for a while now as two of the worst ways to produce electricity. Coal is one of the dirtiest air pollutants humanity has ever created, and oil isn’t far behind. On top of that, oil companies have awful PR. Oil spill after oil spill has tarnished their reputations, and for the Western world, the influence of the Middle East on the oil trade is unfortunate. On top of that, clean energy is cheaper and becoming exponentially more effective. For example, solar panel installation/construction has become 82% cheaper over the past decade. That gets passed on to the consumer at a time when OPEC is intentionally attempting to make oil more expensive. For coal, the death knell has already sounded. Coal lags behind renewable energies at 11% of American power. A precipitous fall from the mid-30s it enjoyed just a decade ago. Coal is done, in fifteen years nobody will use coal or need it. Renewable energies have become cheaper and eventually will push out natural gas and oil.
So, how does one hop onto this hype train? The key is to pick a company or ETF with companies that are actually good businesses. Not just companies propped up by lucrative government subsidies. Think of an ETF like QLCN. I think they have good companies littered throughout their ETF, companies worth investing in. They are one of the top ETFs and definitely worth your time. Now would be the time to buy, clean energy is finally starting to develop. If you watch sports, this is sort of a post-hype sleeper as Bill Simmons would say. Green energy has been hyped up for a while as something that would change the world, but people got on a lil’ too early. Now it’s actually practical and worth your money.
