Stop the Flow of Money to Companies that Don’t Share Your Values: Invest in Green, not Greed
I have my (meager) portfolio invested in a socially responsible mutual fund that does not include any companies that are involved in fossil fuels. To my surprise and delight, in the years I’ve had it, it’s beaten the S&P, albeit narrowly.
Linked above is a company that specializes in this very thing. I don’t have any reason to recommend them, but their heart’s certainly in the right place.
While we can invest in “green” companies on an individual basis perhaps we need more holding companies, insurance companies and banks that as part of their mission statements temper wealth building with environment preservation.
Recently I read of a UK (?) holding company that was sued for selling its oil holdings in favor of green stocks. (The judges ruling was that the company had no mandate for anything other than wealth building. The story may have been a “plant,” but the source was reasonable and I did not investigate further.
Yes Craig, I fully endorse this general view and your posting certainly gives a good insight into the opportunities rapidly evolving for private investors wanting to get involved in new age clean nuclear energy technology stocks.
In support of your suggestions, we already see that small clean nuclear energy reactors (SMR) development is proceeding in Western countries with a lot of private investment, including small companies. The participation of these new investors indicates a profound shift is taking place from government led and funded nuclear R&D to that led by the private sector and corporations with strong entrepreneurial goals linked to a the greater global social purpose.
That purpose of course is focused on deployment of affordable clean nuclear energy, without carbon dioxide emissions.
Generally, modern small reactors for power generation on a global scale and especially SMRs, will feature greater simplicity in design, economy of scale production, short construction times, and reduced overall project costs.
All designs of course provide for a high level of passive or inherent safety in the event of malfunction, including emplacement below ground level, providing high integrity to terrorist threats.
Since small reactors are envisaged as replacing fossil fuel plants in nearly all situations and circumstances, the emergency planning zone required is designed to be no more than about 300 m radius.
So you are correct Craig, and it seems like many socially minded investors are in agreement with you on this one also, having already identified the benefits of new age clean nuclear energy technology as a worthwhile investment.
Lawrence Coomber