In their current GREEN ISSUE Kiplinger's writes:
Not all greentech is speculative. We've identified solid companies that should profit big from addressing climate change and encouraging the use of alternative fuels. And you'll profit, too.
and then suggest:
Nuclear power benefits in several ways from the emerging energy picture, says Robert Becker, co-manager of Cohen & Steers Utility fund. Surging fossil-fuel prices make nuclear energy highly competitive. Emissions are low compared with those from power plants that burn coal or oil. In the future, a system of carbon-emission credits and licenses is likely to develop in the U.S., as it has in Europe. "Under any scenario in cap and trade, the clear winners will be the nuclear generators," says Becker. His favorite utility is Exelon, of Chicago, the largest operator of nuclear power plants in the U.S. Exelon generates more than 70% of its power from nuclear fuel.
A growing number of people in developing countries now have the means to heat and cool their homes and businesses. That portends a huge increase in spending on power-plant construction -- as much as $5.2 trillion through 2030, according to the International Energy Agency. Shaw Group, an engineering-and-construction firm headquartered in Baton Rouge, La., has a 20% stake in Westinghouse Nuclear and is a major player in both building new coal plants and making older ones burn more cleanly. Bad accounting decisions have plagued the shares recently, but an $11-billion backlog of business, mostly from planned power plants, should lead to a brighter future.