 If you’re considering investing some of your green in green companies or products this year, you’re about to make one of the most significant financial decisions you could make. But where do you invest your money? How can you ensure that your investment really is green? A little research works wonders when considering where to invest your money.
There are two important distinctions when analyzing green investments. Namely, there are green companies and green products. A green company is an organization that operates in an environmentally responsible manner. Many green companies run exclusively on sustainable energy, like solar power or wind, use only hybrid vehicles, and offset their carbon footprint by planting trees or buying credits to offset their carbon emissions.
Green products, on the other hand, do not necessarily have to be made by green companies to be considered green. The products themselves may contain organic, sustainably harvested, or all-natural ingredients, but the products might be produced in traditional (i.e., not eco-friendly) conditions. The business producing green products doesn’t necessarily act green otherwise. Not to say that they’re bad people, but living green isn’t a requirement when making a green product.
The ideal company to invest in is a green company that makes green products. That way, you are truly investing in something green that will benefit your portfolio and the environment.
A quick search online will give you a wealth of resources to invest in green companies and green products. If you’re looking for somewhere to start, take a look at Zoltek (ZOLT), a carbon fiber manufacturer that yields decent profits. Composite Technologies (CPTC) is a manufacturer of the largest wind turbines and efficient electric transmission cables. They aren’t yet profitable but have the potential for explosive growth. Plug Power (PLUG) is another company with incredible potential. They manufacture fuel cells that will be used to power automobiles with hydrogen.
Another great resource for anyone looking to invest this year is Green Chip Stocks, a firm that specializes in advising investors who are interested in renewable energy stocks. It’s a great resource as it is updated often by experts who have ample experience to offer you advice that is relevant for today.
Do your research and, ideally, invest in companies that are both green and producers of green goods. That way, your investment can be in something that is greater than your own personal financial gain. You will be investing in the future and in the greater good. It’s a win-win situation.
|
