By all indications, we should be living in the golden age of green technology. Both the United States and Europe have introduced sweet subsidies to large swaths of their respective clean energy economies. While some may argue that these are just protectionist policies in disguise that will actually dampen the market, companies and consumers are lining up to take advantage of all sorts of tax breaks and rebates. Yet we’ve struggled mightily to fill our Nanalyze Disruptive Tech Portfolio with quality green technology companies.
The problem is that some of these companies spend more time churning out ESG reports that are longer than Tolstoy’s War and Peace, rather than making money. Some sectors are simply a non-starter for us. Hydrogen? Forget about it. Any pure-play electric vehicle company not named Tesla (TSLA) is probably a waste of time. In fact, we’ve spent more time recently moving companies out of our portfolio. NextEra Energy (NEE) is really a value stock that belongs in a d…
