I travel several times per year to the US for my recent job, and I find it remarkable that many cafeterias don’t have recycling bins, or curbside recycling is almost non-existent south of the border. Nearly all of my clients I talk to are embarrassed that there are not enough projects by their governments. It was then that I realized that without some form of legislation, it would be tough for any country to follow a more environmentally aware mindset. For example, you would believe Germany wouldn’t be a good country for solar power generation. However, if you ever travel around some towns in Germany, you would see rooftops upon rooftops of solar panels. It’s because the German government has provided subsidies for solar panel installations.
Following seeing Al Gore’s Awkward Reality (I suggest the movie to anyone!), it turned apparent to me that there’s actual desperation in the matter SEO for Solar Companies. We’re positively on the path of destruction when we (the world) continue to use fossil fuels the way we do today. Recall my first article on the thought of stewardship (see URL below). The Lord has granted people that world in their entirety for their benefit, but we also need certainly to care for it. The earth isn’t mine, nevertheless the Lord’s, and we’re perhaps not the homeowners, but only stewards. Therefore, it’s our responsibility to maintain the earth.
Being an investor, how can I support maintaining the earth? I contact sustainable investing. It’s only investing in businesses whose products and services or companies promote the planet’s sustainability. Companies giving engineering for alternative power is just an ideal example. In particular, I’ll discuss solar businesses in that post.
The most significant development in the alternative power segment could be photovoltaics (PV or solar panels). A considerable number of public solar businesses have or are ramping up their production significantly. As an example, First Solar had revenue of $134 million in 2006. For 2008, that quantity has risen to $1.25 billion, rising almost tenfold! This development charge isn’t unique to First Solar but is similar across the board.
As production ramps up, the expense of each solar panel will decrease. We’re at a point where solar sections will soon become affordable even without government subsidies. With Obama’s force to pass the environmentally friendly bill, the cap-and-trade process will benefit businesses like First Solar. What exactly is just a cap-and-trade process? In simple terms, the federal government areas a limit (a cap) on the total amount of greenhouse gases that may be emitted in the country. Companies and institutions are shown a specific number of emission credits. If the business produces less than its credits in its possession, it’s free to sell them (trade) to other individuals with significantly more than their credits allow.
The cap-and-trade process is engineering neutral. This means the regulations of economics enable numerous alternative power technologies to flourish. The many effective ones could eventually change those who are not solely centered on economics, and perhaps not if the government decides to provide subsidies. This system encourages the innovative progress of new technologies.