While Green technologies and Energy alternatives may have a place for investors in the very far future, it is simply not realistic to even begin to think about investing in Green Energy alternatives. Green alternatives are costly, and it will take many years for the proper technologies to be developed that will enable the real exploration of Green Energy.
Environmentalists and supporters of Green Energy site solar power, wind power and biofuels as viable alternatives, but the fact remains that there is no place in the market for these alternatives as of yet.
· Wind farms will only generate 1% of electricity in 2010. There isn’t enough funding to produce more wind turbines, even though the industry grew 45%.
· Solar Energy is becoming quite popular, but is terribly expensive to implement. Retrofitting a house can cost upwards of $25,000, and this isn’t economical for most home owners or builders.
· Biofuels such as ethanol are being produced, but only 1% of all gas stations are equipped to dispense ethanol. Despite the projected output of 100 million gallons of ethanol by 2012, gas stations simply are not ready to provide it.
Despite the claims that many environmentalist make, our world is simply not ready to embrace and produce Green Energy Alternatives. Green Energy is not anywhere near the point of producing a profit, so investors must look elsewhere.
Investment in gas and oil exploration offers multiple benefits and tax incentives as shorter time lines are available which creates a quicker ROI. Not only does an investment in oil and gas offer short term advantages, but the long term advantages are quite impressive as well. As long as one well is drilled, there is guaranteed income of 20 to 30 years on one oil well. Your investment is never affected by stock market trends or constant fluctuations in the market. Oil and gas exploration has the least amount of associated risk when it comes to energy investing.
If you are an investor looking to diversify your portfolio, are new to investing or are simply looking to get back into the game, investing in time tested and reliable alternatives such as oil and gas exploration may be the right move for you. Texco Petroleum, a privately held oil and gas exploration company, is committed to providing investors with a secure and steady stream of continuous income through oil and gas exploration.
In even the most difficult of economic times, Texco Petroleum will always have a stand in the marketplace as there will always be a need for oil and gas exploration. Texco is committed to helping investors understand and reinvest in the oil and gas exploration industry. Trust Texco when researching investment opportunities as no other company has the hands on expertise and daily oversight that Texco Petroleum possesses