Investing In Alternative Energy - New Alternatives Fund
by Michael Graham Richard, Ottawa, Canada
on 09.21.05

We heard about the "New Alternatives" mutual fund (which is actually not so "new" - it was created in 1982) while reading comments of a post about alternative energy investment at the Alternative-Energy Blog. It seems interesting, but sadly, it is only available to people in the US. You can read about their investment strategy here and find a list of the companies they invest in here (lots of interesting ones, mostly solar, hydro, wind, biomass, recycling, etc). Some of our other posts on green investment can be found here: Take Action: Green Investments and SustainableBusiness.com's List of Sustainable Stocks.
::New Alternatives Fund, ::Prospectus (pdf), via ::Alt-E Blog
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Another nice way to invest in green energy is Western Wind Energy. It's the only pure wind play with any contracts. It's traded under the symbol WND on the TSX.