Renewable energy is such a polarizing topic…
But I guess that’s what happens in a politically charged atmosphere.
However, like most gorillas – I don’t care about politics…
I care about helping members of GorillaTrades make as much money as humanly (or sapienly) possible.
That said…
Oil has made people rich for more than a century – and as the energy source that still makes the world go ‘round – it will continue to make people rich going forward.
BUT…
That doesn’t mean the emerging technology of today’s renewables should be shunned or pushed to the wayside – as these assets can start building tomorrow’s “Green Energy Barons.”
What makes me say this?
Well, we got some news recently that may change how you feel about renewables – one way or another.
What’d we hear?
Keep reading to find out!
Is the suspense killing you?
Don’t worry – I’ll let you off the hook.
The news we heard?
The International Energy Agency (IEA) has predicted that 2023 is going to be very good for renewables.
Picture this: pandemic-induced supply chain headaches had us all feeling a bit deflated – especially when it comes to renewables.
It was like someone pulled the emergency brake on progress.
But the tides have turned – and it seems we’re back on track with renewable technology.
Why?
Well, because high oil and gas prices – along with some serious energy security concerns – have given renewables the boost they desperately needed.
According to the IEA – 2023 will be a big one for renewables…
It predicts that global renewable energy capacity will swell by a whopping 33% in 2023.
To put that into perspective – that’s like adding the combined power capacity of Germany and Spain.
And guess who’s leading the pack?
If you guessed China – give yourself a pat on the back – because it’s going all-in on massive solar projects on a scale we’ve never seen.
Now, why should you care about all this renewable energy jazz?
Because if we keep up this pace – we might just have enough solar manufacturing capacity to achieve the IEA’s net-zero emissions scenario by 2050.
But…
It’s not all rainbows and unicorns.
Our infrastructure is slacking – and we’ll need some serious government support to keep things on track…
Especially because investors are only interested in cold hard cash these days.
In fact, things are a little dicey…
Even Shell (SHEL) is considering pulling back on its underperforming green assets.
It’s like it’s doing an audit of renewable investments and saying, “Hey, if you’re not making money, you’re out!”
The truth is – a world powered mainly by renewables could turn trade and geopolitics upside down…
Because unlike oil and gas – solar and wind energy sources are more evenly spread across the globe.
That means countries sitting on top of some black gold might find themselves with less leverage.
No more throwing their weight around like they own the world…
Energy production would be closer to home, balancing power and reducing the need to ship resources across the globe.
THAT would be something…
And the fact is – if you want to ride that wave – you’ve got to be in the water.
That’s why I’m keeping my eye on this sector – and any profit opportunities that hit our trading matrix – will be sent IMMEDIATELY to members of GorillaTrades.
That’s why I’m extending you the invitation to become a member today…
That way – the moment one of these prospects’ hits – you’ll be among the very first to know!
Or…
You can try to follow it yourself.
Either way – we’ll be here if you need us.
Keep your eye on this industry…
It may be the next to surge!
“The nation that leads in renewable energy will be the nation that leads the world 10, 20 years from now.” – James Cameron