thanks to a poster(s) on the general thread. . . . The RENIXX® (Renewable Energy Industrial Index) World is the first global stock index, which comprises the performance of the world´s 30 largest companies of the renewable energy industry whose weighting in the index is based on the market capitalization (free float).
. . . Since 2008, the index has lost about 90% of its value . . meanwhile, in the real world, the victorian government wants to export brown coal - while the federal government wants to close victorian brown coal power stations.
in germany, the investment in renewables has been a disaster, and the environment minister (who was in charge of the renewable splurge, has been sacked.
it will just be a matter of time, before this whole greenie energy stuff, will belong to a loony fringe group
CWE Price at posting:
3.8¢ Sentiment: Sell Disclosure: Not Held
