Fear is creating massive opportunity.

We’ve already seen that in oil, gas, and utility stocks.  

However, we’re also just now seeing it in green energy stocks, like Sunrun (RUN), First Solar (FSLR), and Enphase Energy (ENPH).  

After all, “When there’s less certainty about other sources of energy, that will help renewables because they’re a cheap source of electricity,” says Joe Keefe, CEO of Pax World Funds, as quoted by Morningstar. “They’ve become very competitive from a price standpoint and are good long-term investments. Germany and other European countries are incentivized even more to do something with renewables if access to Russian gas is jeopardized.” 

Plus, Russia’s invasion is accelerating the global transition to green energy.

Look at Europe, for example.

In fact, European Commissioner for Energy Kadri Simson recently tweeted, “We have to reduce dependency on Russian gas, diversify our suppliers and invest in renewables.”

Even Germany is ramping up its wind and solar capacity. 

In addition, as noted by the Los Angeles Times, “The war in Europe adds to the urgency of transitioning to clean energy sources such as solar and wind power that are harder for bad actors such as Russia to disrupt, those experts say. The conflict also highlights the importance of the U.S., the European Union and other allies working together to confront the climate crisis while taking global security into account.”

That being said, investors may want to aggressively push into green energy stocks.

Markets

The Dow is up down another 271 points to 33,723

The S&P 500 is about 40 points to 4,340.25

The NASDAQ is down another 126 points to 14,054.75

Gold prices are up $21.68 to $1,910.68

Bitcoin is down 3.5% to $38,358.11

Oil prices are up about $3.60 to $95.17

The VIX is up 1.57 points to 31.89