Solar vs. fossil fuel stocks



Should Harvard President Drew Faust

worry that

“Significantly constraining investment options risks significantly constraining investment returns”?
Actually, if Harvard has been wasting investments in oil and gas for the
past year, its endowment has lost a bundle.
Ditto VSU.

Let’s compare stock performance of

Guggenheim Solar ETF (NYSE:TAN)

which invests in solar stocks with the

PowerShares DB Energy Fund (NYSEARCA:DBE)
,
which invests in oil and natural gas companies.
Yep, that’s

120% for TAN and 0% for DBE
:


TAN solar v DBE oil and gas 1 year

Sure, if you go back farther, solar stocks continued to drop after 2009
until this year:


TAN solar v DBE oil and gas 5 years



But that’s the point.
The tipping point has come.

Solar parity

with fossil fuels has been reached (and long since reached with nuclear).
The

long hot smoggy night of burning fossil plants is ending

and

solar power will win like the Internet did
.
Soon we’ll see

even Southern Company get out in front on making Georgia and the southeast
a net exporter of solar and wind energy
.



Does Harvard want its endowment portfolio to be left behind?

Does VSU
?

-jsq

3 thoughts on “Solar vs. fossil fuel stocks

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