Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Well, great. But, if you have E5k or E10k of savings that might be pulling in 1% at the bank and want to actually own your investment, or at least be a major owner in it, PV would seem to be the way to go.

The neat thing about the offshore surge in Europe appears to be that pension funds are investing in offshore wind projects, and some of the big utilities are also doing that, but such investments in corporate utilities also mean that you get to co-own nukes, coal and gas sourced generation, too. And who wants to do that...?  And if there are funds that can and do only invest in wind projects, great, but the returns in the form of dividends might be in the 1% to 3% range. Investing in stock is partly a gamble that the value of the stock might go up in addition to the meager (at least, in the US) dividend payments, which often rival present bank interest rate these days.

And if there are bond funds that only invest in wind, also great. But again, then you are one of many, and probably a small part of it, too.

I guess I am spoiled by the U.S. - there are just squat for chances of investing in all renewable projects for ordinary people. And apparently no "all wind" bond funds either. And investing in stock... generally pretty yucky yields in terms of dividends only. As for stocks in all wind developers - not that possible, since those tend to be private partnerships, and ones like Iberdola now also have other baggage, too. And investing in a company like GE (GE Capital has interests in lots of wind farms) - well, kind of immoral, but then we are talking money (they also still do nukes, coal, gas, and scads of military-industrial stuff). And as for municipalities/municipal electric utilities funding wind farms - well, that would be nice, but I have not found those yet, either.

But, it would be nice to be able to buy bonds that only fund wind developments, especially municipal developments....


by nb41 on Fri Jan 13th, 2012 at 12:24:08 PM EST
[ Parent ]

Others have rated this comment as follows:

melo 4
sgr2 4