For many years people across the world have invested their money in global markets, buying and selling a variety of assets with the aim of making a profit. This has been facilitated by the emergence of online brokers like LCG, which give people easy access to global markets.
Now more than ever, people buying shares are considering the ethics of the companies they are investing in, and their impact on society/the planet. With this in mind, here are some of the advantages of investing in green energy companies.
Green Energy is a Growing Industry
It should be fairly obvious that green energy is now a huge market compared to a decade ago, given the sheer number of headlines and news stories about global warming/climate change caused by fossil fuels. The Renewable Energy Directive has set the target for total energy generated by renewables as 15% by 2020, showing how people are swiftly abandoning fossil fuel energy.
This is clearly good news for green energy companies, which are expanding rapidly and now form a major, lucrative sector of the economy. This means that buying into them is a safe and potentially profitable venture.
Unlike fossil fuel companies which often have a bad reputation (BP oil disaster), green energy companies cannot damage environment like fossil fuels can, and the majority of them are likely to have a decent or neutral carbon footprint.
This gives them a good reputation and image amongst the global community as well as investors, and means they are, in a sense, immune from falling into disrepute. With ethical investment on the rise, green energy companies seem like an attractive option to many investors, as they are not only profitable but also make a positive impact on the planet.
Given that green energy is a growing industry, there is plenty of opportunity for long term profit, especially given the sustainable nature of the industry. Fossil fuels will, after all, completely run out in the future, whereas renewables are, by nature, limitless.
With many countries now trying to transition to green energy, the environment for new green energy companies is fertile, and owning shares in them could well prove to be incredibly lucrative, especially after a few years of growth. Although profit is never guaranteed from a single investment, green energy seems like an extremely good bet when this is taken into consideration.
Investing in the Future
Green energy companies look set to dominate the energy industry in the not-so-distant future, and they are not only considered to be profitable but also a good cause. When they are invested in, they grow as a business and have greater capability to expand.
This means that investors can be a fundamental part of their future, and help to shape the modern world with their investments. As the green energy sector continues to grow, so too will interest in green energy, thus stimulating more demand and instigating global change.
Investing in companies involved with green energy not only helps a good cause, but is likely to prove to be extremely lucrative in the long run. As one of the fastest growing and progressive industries, it could well prove to be a wise choice in the current global climate.