Investors are flocking to renewable energy. Going forward renewables can be expected to grow at double-digits for some time to come. Companies that are directly involved in the production of renewable energy or those that support these producers are likely to see strong growth.
Europe and Asia are moving forward with the new green economy. In the US, it is only a matter of time before we see federal policies and national legislation that support the transition away from the old economy.
Already sustainable and responsible investments in the US have risen 22 percent between 2010 and 2011, according to research by the US SIF Foundation. The 2012 Report on Sustainable and Responsible Investing Trends in the United States, stated that there was $3.74 trillion of US investments held by individuals that use SRI strategies at year-end and around $3.06 trillion the previous year. Sustainable and responsible investing accounted for 11.23 percent of all assets under professional management in the United States at year end 2011, the report says.
Investors are increasingly investing in companies that demonstrate environmental and social responsiblity.
© 2013, Richard Matthews. All rights reserved.