Look, you cannot believe what an oil baron – like Exxon is telling you. Come on! They sell oil products remember – so they will always back oil as the world’s number one energy source.

Yes, solar and wind power is really expensive to produce – but think of it this way – as more people adopt it and more solar cell and wind turbines are produced, economies of scale will bring down the price. And when that happens, everybody will be jumping on the band wagon and investing in the alternative energy companies.

But like any smart investor would do – you need to look at both the company financials, their projected profits, and see how they have been fairing in the market to really know whether it is worth investing in them.

BTW, dpn’t you think your blog needs a better wordpress template?

The fact that many alt energy companies are not yet profitable doesn’t dissuade me too much, provided that the company is well managed, financially stable and is showing growth and progress towards profitability. Even if these companies never become the dominant energy providers, their technologies and IP can often make them ideal targets for take-over by the “big fish”. That, to me, makes for a good investment.

As for the future potential of alternative energies, I don’t think anybody is suggesting that technologies such as wind and solar will replace traditional energy sources. Instead, they offer promise to supplement production and supply a growing market niche.

Thanks for another thoughtful post- keep ‘em coming!

Allen Taylor