jcc wrote: ↑Thu Feb 18, 2021 8:46 am
There's an argument to be made for investing in nuclear power as a transitional energy source between fossil fuel and renewables.
And from an ecological perspective it also makes sense as it is far far better than all the coal plants that are being run right now to power japan(because of the nuclear scare and many of the reactors still being off). But a lot of people are just scared of it.
I spent a few hours mucking around ETFs and there’s nothing that I can find that combines the different sources evenly. Some energy funds are market cap weighted so it’s 98% oil companies. Some are “green” ETFs and lack current energy companies. Nuclear doesn’t seem to have it’s own category. Seems ripe for a new ETF or mutual fund to be created!
They exist. Quick googling came up with NLR and URNM I know I've seen others mentioned.
jcc wrote: ↑Thu Feb 18, 2021 8:46 am
There's an argument to be made for investing in nuclear power as a transitional energy source between fossil fuel and renewables.
And from an ecological perspective it also makes sense as it is far far better than all the coal plants that are being run right now to power japan(because of the nuclear scare and many of the reactors still being off). But a lot of people are just scared of it.
I spent a few hours mucking around ETFs and there’s nothing that I can find that combines the different sources evenly. Some energy funds are market cap weighted so it’s 98% oil companies. Some are “green” ETFs and lack current energy companies. Nuclear doesn’t seem to have it’s own category. Seems ripe for a new ETF or mutual fund to be created!
They exist. Quick googling came up with NLR and URNM I know I've seen others mentioned.
Well these are interesting and I’ve been reading a lot of positive about uranium the last 3 months. But I was thinking about something that hold oil (legacy and high dividend) and something that also include new energy. A combination of old and new energy sources.