Clean energy: a bubble?

An interesting chart is coming from Tom Konrad.
It depicts the composition of several ETFs investing in ‘renewable energy’.

There are now 16 clean energy ETFs. Coming from 2 five years ago. That's called: inflation

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This is good news...

For all who may be concerned...

From the FT

Helius Energy has formed a joint venture with a consortium of Speyside distillers to build a combined heat and power plant that will be the first in the world to be fuelled by whisky by-products. The £50m project will generate 7.2MW of electricity, which could be used onsite or exported to the National Grid - enough to power 9,000 homes, the FT reported. The plant could also save more than 20,000 tonnes of carbon dioxide each year when compared with the distillers’ current energy use. A separate plant will turn the liquid co-product of making whisky, known as pot ale, into a concentrated organic fertiliser and an animal feed for use by local farmers.

Cheers.

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