Leaving aside one's green credentials, there may well be profits to be made from investing in clean energy via an ETF like £INRG (or ICLN for US investors). Over the last 2 years, £INRG has achieved a return of 123% compared with a return of 65% for the Nasdaq 100 ETF £EQQQ. There is a useful article on Fool.com giving the arguments for and against investing in clean energy. For those who don't have the time to read it, the summary is:

Arguments for:

Renewable energy will be cheaper than fossil fuel energy by 2023

Political imperatives regarding climate change may ban all other sources of power apart from renewable energy.

Solar panels are becoming more efficient (currently 16-24%)

Battery technology is improving

Arguments against:

The sun doesn't always shine and the wind doesn't always blow so battery storage is needed to ensure constant power supply.

Renewable energy is currently more expensive (150%-200%) than fossil fuel energy.

In summary

Renewable energy is the future. The market likes it now. (I hold both $ICLN and £INRG.)


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