The following video is part of our "Motley Fool Conversations" series, in which advisor James Early and senior technology analyst Eric Bleeker discuss topics across the investing world.
In today's edition, James discusses an area of investing that socially responsible investors should avoid: mountain top removal. While the U.S. energy grid is very reliant on coal, this particular form of mining has a series of negative environmental ramifications. If socially responsible investing is important to you, James recommends avoiding Massey Energy (now owned by Alpha Natural Resources), Arch Coal, and James River Coal, and getting energy exposure instead with a natural gas company like Spectra Energy.
Editor's note: The following video incorrectly claims that Peabody Energy engages in mountaintop mining. The Fool regrets the error.
One of the best reasons to invest in energy is the solid dividends paid out by the companies. For example, James' recommendation in this video -- Spectra Energy -- pays out a 3.6% yield. If you're looking for more great dividend ideas, The Motley Fool has compiled a special free report outlining our 11 top, dependable, dividend-paying stocks. It's called "Secure Your Future With 11 Rock-Solid Dividend Stocks." You can access your complimentary copy today at no cost! Just click here to discover the winners we've picked.
At the time thisarticle was published Eric Bleeker and James Early have no positions in the stocks mentioned above. The Motley Fool has no positions in the stocks mentioned above.Motley Fool newsletter services recommendSpectra Energy. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.
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