Comment by adjejmxbdjdn

Green stocks in the west will not be successful because of green politics in the West.

Green tech is a fledgling industry trying to challenge a dominant, well established one.

Any such industry needs basic government support, but at the very least, predictable government regulation.

Unfortunately not only have we not seen support, we’ve seen opposition from the government, and the stability has been laughable.

Meanwhile that’s exactly what the Chinese government is providing which means the entire industry (outside of a now small section of wind power in Europe, which preceded green tech becoming political football) is Chinese, so you and I and pretty much everyone outside China has been cut off from benefitting from it as an investment and can only benefit from it as consumers.

There is hope that the Europeans might finally get their act together here, but hoping the Europeans may get their act together in investment, industrial and financial policy has so far been a fool’s game. There’s little to no hope for America getting its act together for at least a few years in the green tech supply chain, although the actual green tech consumption seems to be growing even with the political headwinds.