Sir Richard Branson’s announcement that Virgin will invest an estimated $3bn (£1.6bn) in renewable energy over the next decade looks to some investors like confirmation that clean energy production is one step closer to becoming the next technological revolution.
Alternative or “green” energy such as biofuels, wind power, solar energy and hydro-electric power are expected to enable a shift away from the current global carbon-based economy. On the strength of this expectation, investors hope that buying into the right new technology company now could reap massive rewards in the future.
There are a number of options available which will allow you to invest your money and feel that you may have a hand in the future care of the planet. But whether the rewards are as profitable as they are philanthropic is less certain.
The companies in this sector tend to be small and risky and the choice of potential investments is limited, though growing steadily. Alternative energy investment is not for everyone, but there are some good long term growth indicators.
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