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Learn more about our Green Tech Portfolio

By
Nicole White
April 30, 2018
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Why should you invest in green tech?

Green technology is advancement focused on energy efficiency, building desirable products, and making a concerted effort to reduce our pull on the energy infrastructure.

When you think about green tech, you might remember the first time you saw (but didn’t hear) an electric vehicle roll down the street. And that’s right on, but there’s so much more.

Though its sights are set firmly in the future, green tech does have a past. At the turn of the 20th century, New Yorkers were shuttled around by electric taxis. The 19th century wild west was dotted with windmills used for power, irrigation, and grain busting. Southern California water heaters were solar powered in the early 1900s.

Presently, green technology is many different things to many different industries, such as clean energy, renewable energy, sustainable energy, waste management, and energy conservation. Our lifestyles, products, and homes require a colossal amount of energy, but much of it is wasted, causing harm to both our economy and our environment. As demand for energy increases, so does our need to do more with less.

Energy consumption in buildings accounts for 40% of global energy use and 30% of global CO2 emissions. Of this, heating, cooling, and lighting account for 60% of a building’s energy consumption.

Green technology, in all its many forms, has a $200 billion US market share, and is valued at more than $1.3 trillion worldwide.

Why don’t we use more renewable energy?

With the benefits so clear to so many, why has it taken so long for us to adopt the technologies? That’s a tough one, but it could all be chalked up to the perception of risk. Like any new tech, there’s a cash outlay upfront. Making any investment is a risky undertaking. It’s particularly true for many energy efficiency investments because the actual energy savings and payback can be years away. But what is considered an acceptable level of risk differs widely across people and households.

More and more, people are choosing to do things the newer, better, cleaner way. In 2017, 30% of all new electric generating capacity brought online in the U.S. came from solar, second only to natural gas.

What are some examples of companies creating renewable energy?

Companies are making progress in ways that previous generations could have only imagined.

First Solar, Inc. is a solar energy solutions company, which engages in the designing, manufacturing, marketing, and distribution of photovoltaic solar power systems and solar modules.

Vestas Wind Systems engages in the development, manufacturing, sales, and maintenance of wind power plants.

Previous generations innovated because they wanted to. The companies in our portfolios innovate because they have to. We target our investments in companies that are innovating through technology to power our world – without draining resources. This could mean big things for the planet—and our portfolios. Check out First Solar and Vestas (and a few dozen others) in our Green Tech Portfolio. Learn more about our holdings and invest in progress.

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