Renewable energy mutual funds are popping up everywhere as green investing continues to gain popularity and momentum. Renewable energy mutual funds include investing in companies that specialize in wind, solar, biomass, hydropower and geothermal sources of energy. We are still dependent on oil, but the urgency to find alternative sources of energy has been mandated by the federal government and many other agencies. The public has also embraced the green philosophy after one too many trips to the pump at $4 a gallon.
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