An Unlikely Industry Is Turning to Green Energy

Updated

BP just announced it is getting out of the wind power game, and in fact big oil's green energy initiatives are pretty negligible at this point. It could be disheartening state of affairs, but luckily pipeline companies are stepping in and picking up the slack. In this video, Fool.com contributor Aimee Duffy explores Enbridge's recent deal to buy into a wind project in Alberta, and reviews the alternative energy efforts already under way in the North American midstream industry.

It's easy to forget the necessity of midstream operators that seamlessly transport oil and gas throughout the United States. Kinder Morgan is one of these operators, and one that investors should commit to memory due to its sheer size - it's the third-largest energy company in the U.S. - not to mention its enormous potential for profits. In The Motley Fool's premium research report on Kinder Morgan, we break down the company's growing opportunity - as well as the risks to watch out for - in order to uncover whether it's a buy or a sell. To determine whether this dividend giant is right for your portfolio, simply click here now to claim your copy of this invaluable investor's resource.


The article An Unlikely Industry Is Turning to Green Energy originally appeared on Fool.com.

Fool contributor Aimee Duffy has no position in any stocks mentioned. Click here to see her holdings and a short bio. If you have the energy, follow her on Twitter, where she goes by @TMFDuffy.The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Advertisement