It’s just as easy being green
A really important quote: “A 50 MW wind energy facility can be constructed within six to 12 months of its start date, whereas hydro, gas, nuclear or coal facilities can take several years to complete.”
That’s from Creststreet Power & Income Fund’s website. It underscores the very reason we conceived of MiningandMoney.com: That mining and energy largely exist as an archaic industry that has changed little in its thinking in hundreds (if not thousands) of years.
We’ve turned to “green” resource companies – and by that we mean every combination of molecules from aluminum to zinc and all the gasses, solids and fluids in between – I say we’ve turned to “green resource companies because it’s the only sensible investment investors can make in today’s imperative times. Green stands for every company that incorporates the environment into its tactics and strategies, but green is also a word that conjures growth and profit. All three fit together nicely and spell out a future we’re glad to be a part of.
To turn that diatribe to the negative: There are obviously better ways to heat our homes and buckle our belts than by expending illogical ratios of oil, energy, CO2 and so on. People are doing it all around the world. Many of these people run growing public companies, excellent investments in many cases. We’re here to investigate, do due diligence and profit from those forward thinking enterprises.
We’re looking for smarter solutions to invest in, not problems.
Next entry: A review of Creststreet Power & Income Fund (TSX: CRS.UN)
