CLIMATE CHANGE AND CLEAN ENERGY
Donald Trump thinks that climate change is a hoax. Whether you believe in that or not, it is unarguable that companies in the climate change industry, such as carbon credits and alternative energy (wind and solar) cannot expect to be boosted over the coming few years. Instead, notwithstanding the recent troubles in the petroleum industry, that sector can be forecasted to benefit.
One of the growing industries over the past three years has been the establishment of solar farms, which are usually sold to institutional investors. The future of the tax credits with respect alternative energy may be in question at this time. Therefore, the entire alternative energy industry, we believe, is in a holding pattern at this time.
Carefully selected businesses in the oil and gas industry, may be the better candidates for IPOs at this time.