April 1, 2009

Make money, save planet Show me the green We are always being told how to save money and save the planet – but here’s how to go a step further. With the right investments you can actually make money whil helping save the planet. As U.S. policymakers begin to consider the idea of building a “Smart Grid,” (where your fridge talks to the power company and will switch off for a few hours at peak demand) , companies already in that business stand to benefit from federal grants and growing demand. The idea of a smart grid may never work because the cost of implementing it could outweigh the savings made, but some companies will get rich trying. Comverge Inc. (COMV) and EnerNOC Inc. (ENOC) are two good examples (No off-grid staff have any pecuniary interest in either company).