|
Profiting From Clean Energy:
A Complete Guide to Trading Green in Solar, Wind,Ethanol, Fuel Cell, Carbon Credit Industries and More, By Richard Asplund
Clean energy and climate change have finally captured the attention of the average person. PROFITING FROM CLEAN ENERGY (Wiley; March 2008; $60.00; Hardcover) provides a complete investment guide for the entire field of clean energy, which has been one of the hottest investment sectors recently – but also one with big disappointments.
advertisement
This book details the ways in which an individual can profit from the clean energy industry. Individuals can invest in clean energy stocks, exchange-traded funds, mutual funds, venture capital funds, or can trade biofuel-related futures markets. Clean energy stocks have performed very well over the past five years. U.S.-listed clean energy stocks produced an average annual return of 32% during 2002-07, beating the S&P 500 index by an average of 26 percentage points per year. While there will certainly be bumps in the road, Asplund believes that investors are well-advised to place a small portion of their portfolio in the clean energy sector as a long-term investment to capture the strong returns that are likely over at least the next decade.
The clean energy industry is already producing more than $50 billion in sales, according to Clean Edge. Global clean energy stocks now have a total market capitalization of more than $250 billion. The solar power industry grew at an annual rate of +45.5% from 2001 through 2006, according to PV News. The wind industry is already a $35 billion industry and showed average annual growth of 20% over the period of 2002-2006 and annual growth of +41% in 2005 and +32% in 2006, according to the Global Wind Energy Council.
There have been calls for a “Manhattan Project” to find solutions to climate change and promote clean energy. However, private sector investment in Clean Energy technology has already dwarfed the Manhattan Project, which cost about $23 billion in current dollars. The UN Environment Programme says that $71 billion in new investment capital flowed into the renewable energy and energy efficiency industry in the single year of 2006, adding to $50 billion of capital in 2005 and $28 billion of capital in 2004.
This book identifies the multiple drivers behind the clean energy industry which will cause the sector to grow at double digit rates over at least the next several decades. Drivers behind growth in the clean energy industry include the need to curb climate change and pollution, the need to address energy security and high gasoline prices, strong support from the public and governments around the world for clean energy incentives, and rising electricity prices, among others. Additionally, each sub-sector of clean energy is dissected including solar power, wind power, fuel cells, geothermal, biomass and biogas, wave and tide power, efficient appliances and lighting, efficient buildings, smart meters, advanced power storage, hybrid battery technology, biofuels, cleaner coal, carbon trading, and others.
Asplund, an energy specialist with 25 years experience is bullish on clean energy sub-sectors such as solar power, wind power, geothermal, hybrid vehicle technology, smart meters, power efficiency, and others. However, he cautions investors about investing in other clean energy sub-sectors such as biofuels or transportation fuel cells. Biofuels will provide only a temporary fix for America’s oil addiction and eventually the internal combustion engine will be legislated away, allowing hybrid and all-electric vehicles to quickly gain market share as battery technology rapidly improves.
Profiting from Clean Energy also includes a companion Web site (www.ProfitingFromCleanEnergy.com) that provides resource links for further research, regulatory updates, industry conference lists, clean energy video clips, and more. In addition, readers can sign up for a free newsletter to receive timely news about the clean energy industry.
About the Author:
Richard W. Asplund is a professional investment analyst and advisor with twenty-five years of experience. He received an MBA cum laude from the University of Chicago Graduate School of Business, a Juris Doctor degree from the University of Wisconsin-Madison, and a Bachelor of Science degree cum laude in Industrial Engineering from the University of Minnesota. Asplund founded his own investment research firm in 1983 and is currently a professional equity analyst and advisor specializing in Clean Energy stocks. Asplund has been interviewed on CNBC, Fox, Bloomberg TV, Japanese NHK TV, and National Public Radio, and has been quoted in print publications such as Dow Jones, Reuters, USA Today, Newsweek and others.
Profiting From Clean Energy:
A Complete Guide to Trading Green in Solar, Wind,
Ethanol, Fuel Cell, Carbon Credit Industries and More
By Richard Asplund
Wiley; March 2008; $60.00; Hardcover
ISBN: 978-0-470-11799-6
ATTENTION REVIEWERS
For the convenience of your readers, please include the following in your review: Wiley books are available at your local bookstore or by calling 1-800-225-5945. In Canada, call 1-800-567-4797.
For the latest on what’s happening at John Wiley & Sons, check out our World Wide Web site at: http://www.wiley.com
Would you like to see your news and articles here? GO>>
InvestorIdeas.com Disclaimer: Issuers of press releases are solely responsible for the accuracy of the content.
For more information, please contact:
Jocelyn Cordova
Phone No: 201-748-6249
Email : jcordova@wiley.com
|
