Later this month, the U.N. will host a two-day climate debate in an effort to shape future U.N. policy on climate change.  The debate will focus primarily on a new climate treaty that'll replace Kyoto when it expires, as well as how the world can adapt to a warmer environment. 

Certainly we've been looking forward to this debate, as it will help provide indicators for our future investments.  But a warning that just came from U.N. Secretary General, Ban Ki-moon in a recent report truly highlights why we continue to be so bullish on alternative energy--recession or not!

In Ban Ki-moon's report, he indicates that global investments of $15 to $20 trillion over the next 20 to 25 years my be required to move the global community from a conventional energy path (which we all know is coming to an end), to a sustainable energy path (which we all know is the only viable long-term solution to our energy crisis).

Also chiming in was the president of the U.N. General Assembly Srgjan Kerim, a Macedonian diplomat and economics professor.  Speaking to the press, he warned that cutting emissions alone is not going to be enough to keep vulnerable parts of the world, such as sub-Saharan Africa and certain island nations, from the "brink of irreversible harm."  He added that renewable energy and investing more in research and development is a "viable way and remedy for resolving the problem."

We agree.  And so do all the publicly-traded companies operating within the alternative energy sector right now. 

We don't necessarily expect any epiphanies from this month's debate.  Though we definitely look forward to seeing that $15 to $20 trillion pumped into the very market we continue to profit from.

Whether it's solar farms in northern Africa, geothermal power plants in the western U.S. or offshore wind farms in Scotland--there is truly only one realistic place to turn to for the mitigation of climate change.  And that's the alternative energy sector. 

Of course, you may be one of the few that believes this whole global warming thing is still up for debate.  And that's fine.  I won't climb up on my soapbox about this one.  But one thing I will tell you is that, even if you don't believe it's real...the profits stemming from all this global warming action are.

And you can take that to the bank.  We certainly will.

To a new way of life, and a new generation of wealth...

Jeff

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I find it difficult to understand why you don't discuss nuclear energy. Even the executive at Shell oil mentioned nuclear energy as part of the mix. Nuclear energy and electric cars will change the global warming equation. Solar, geothermal and wind will not supply enough energy. Nuclear energy will. It is time to stop burning things in the air except for the occasional fireplace.