The Canadian stock market is heavily dominated by the energy sector, which is made up of publicly traded companies involved in the fossil fuel industry, such as pipelines, oil & gas exploration companies, and natural gas producers. Fossil fuels are generally non-renewable – once used, they cannot be replenished quickly.
In contrast, a new but rapidly growing subset of the energy sector is the renewable energy industry. Growing attention to climate change, controlling carbon emissions, and ensuring sustainability has shifted investor attention to stocks of these companies as a potential high-growth future investment.
What are Canadian renewable energy stocks?
Canadian renewable energy stocks are the shares of publicly listed companies involved in the production, sale, or use of clean or low emission sources of energy. Examples include solar, wind, hydroelectric, geothermal, nuclear, hydrogen, or biofuel energy production….
