An old knock on renewable energy and other planet-friendly endeavors is that they can’t stand on their own without financial props from the government. Ironically, it took the second presidency of Donald Trump, in which those supports have turned to mule kicks, to kill this trope once and for all. Not only can the green economy sustain itself, but it trounces many other sectors.
A recent report from the London Stock Exchange Group Plc (LSEG) found that “green economy” companies, or those that derive a significant portion of their revenue from stuff like clean energy, efficiency and water management, now have a total stock market value of $10 trillion. If this were a standalone sector, it would be bigger than healthcare and third in the world only to technology and industrials.
