Wind Stocks needed in the portfolio, As a global community we all hope that the nuclear situation in Japan can be fully contained with no impact on human life. But even if we could do that human life has already been affected, lets say not one person suffers any affects of radiation but for sure some will have seen a psychological impact. Will we mistrust Nuclear even more than we do now ? Lets say you see yourself relocating, will the distance to the nearest nuclear reactor be in your mind ?
So what are the new energy alternatives to Nuclear, they seem to be Solar ? Wind ? Tidal ? Biofuels ? I used to think that Solar was the one and it certainly is the one that gets the most attention, but maybe Wind power is a better option. From what I see on a like for like comparison Wind Farms seem to be capable of a greater power output, they cost less to setup and are certainly better on the environment to create. The downside is of course that you need wind ! Therefore some countries are likely to benefit more than others, but if we were to pick the best locations I’m sure that would not be an issue.
Environmentally there are complaints about wind, effects on birdlife and the noise level. I’m sure something can be done to reduce the impact of the former, but have no idea about the noise. Personally I actually find them quite attractive to look at, maybe that’s just me.
So how can we invest in Wind ? I’m not sure at the moment, I bet there are funds out there but as usual I’m going to be drawn to smaller Wind Stocks with a chance of high growth. New Energy Sources are going to experience huge growth.