The world of green investment is offering a list of opportunities to the investors. Even though the Obama government has promised the allocation of 90 billion dollars for developing the clean technology sector, few obstacles remain. For instance, several green companies need help in the form of deduction and tax subsidies from the government. Due to this dependency, changes in the nation’s political structure affect the green investment sector to a great extent. Even though in 2008, approximately 155 billion dollars were invested in clean energy, this sector continues to face tough competition from the traditional energy sources. But industry experts are of view that this trend will change at a fast pace in the coming years.Earlier this year, four geothermal firms combined forces to cash in the benefits of the present interest in renewable energy sector. These firms plan to raise funds so that the development of ‘green power projects’ can be made possible. They plan on raising approximately 100 million dollars by combining their operations and supporting the concept of sustainable finance. Clean energy sector is slowly moving into the mainstream of utility industries.
The green investment move made by the Obama government is being said to encourage majority of investors to invest in clean energy and green stocks. With the predictions of environmental technology becoming the next big industry in America, let’s hope that social and environmental concerns become more important in the long run.
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The good thing on investing on green advancements is that you're getting returns while contributing to the betterment of the environment. I think it is the new name of industrialization.
ReplyDeleteSabrina @ EmeraldKnightConsultants.com