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NB: buying green power and / or RECs is _very_ different from investing directly into a renewable energy development. I would agree with your larger point that
by tvladeck 14y ago
NB: buying green power and / or RECs is _very_ different from investing directly into a renewable energy development.
I would agree with your larger point that there are other (non-financial) sources of return to these investments.
- apaprocki 14y agoYes, I agree.. not to say that there isn't direct investment as well, but at a much smaller scale. We built solar farms to power our offices in NJ (50% @ 1.8MW[1]) and San Francisco, but those direct investments only account for 1% of worldwide power usage. [1]: http://blog.bloomberg.com/2012-03-14/bloombergs-princeton-office-goes-solar/ http://blog.bloomberg.com/2012-03-14/bloombergs-princeton-of...