As with almost every wave of change, first there’s an initial rush of enthusiasm by everyone who thinks he can make a buck; then there’s a sudden realization that something is amiss; and finally, there’s a collapse into despair and reconsideration. It was true for commodities in the ‘70s and for junk bonds in the ‘80s. It was true for the dot-coms in the ‘90s. And, it was true for housing in this decade. Now, we’re seeing the same pattern with alternative energy, which is driven by anxieties over human-induced climate change. What’s ahead? And, how can you profit? We’ll explain.
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