Green stocks good long-term bet: Study

With no alternative to green energy in future, investments in renewable energy still make sense and the long-term prospects are intact for the investors, says a study by Switzerland-based private banking group Bank Sarasin & Co.

The report also says that the world economy will return to growth in 2010, expanding by over 4 per cent. As a result, global energy demand will also rise, particularly in developing countries. According to the report, the mature technologies of wind and solar energy are going through significant changes that are resulting in structural consolidation.

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