Friday, May 16, 2008

Beyond Natural Gas

We're running out of oil. Now what? Natural Gas. Then what? The Sun! Hold onto those traditional energy ETFs for now, but when they stop producing, look to TAN (currently 29.28). Long-term (over 5 years) I think an ETF like TAN has great potential. What will your car/house/yacht be running on in 30 years? My favorite thing about solar power is that it's free! Sure there's the initial cost of setting up a solar system (no, not that solar system), but once it's in place you should be able to run whatever you wish at no cost. More and more I expect companies to look to solar power to save money in the long run. Green is the trend now, and I don't see it going away until the globe cools back down (or democrats admit we didn't heat it up). TAN is an easy way to ride the wave that came from the melting glacier.