Green chip
Green chip are stocks in a companies in "green" or environmentally friendly industries or that operate in a socially responsible manner. It is a play on term blue chip stocks with the word "green" representing eco investing or more broadly socially responsible investing.
Green chip companies can be involved in industries such as solar energy, wind energy, geothermal, plug-in hybrid electric vehicles (PHEV), organic foods, water, carbon trading, waste-to-energy, smart grid, hydrogen fuel cells.
History
The term "green chip stocks", which refers to the publicly traded companies in the green market has been accredited to Jeff Siegel, who first used the term in 2004.[1]
gollark: Hmm, okay then. As in, a big dropoff right after that happened, or just a general decline around the same time?
gollark: You seem to think that laws drive social attitude change. I think it's somewhat the other way round.
gollark: You should say it that way initially then. It's clearer.
gollark: I mean, "the enemy is the self" seems like "do the opposite of what's good for you" read literally, thus bad.
gollark: Yeees, literally speaking it seems like a bad principle.
References
- Hicks, Brian (17 October 2007). "Slouching Towards Peak Oil". Wealth Daily. Retrieved 16 January 2011.
External links
- "Green Chip Stocks" – an investment blog
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