|
We have
identified a universe of 91 tradable companies dedicated to providing green
energy in one form or another. The objective of
The Whitehall Green Energy TM
(GEI) is to provide investors with the ability to track the largest possible
group of companies active in the alternative energy business. The GEI is
calculated on a daily basis, using a weighted average index methodology.
Market data is derived from the exchanges in which these stocks are traded
and the GEI is calculated on an end-of-day basis.
The criteria
for inclusion in The Whitehall Green Energy TM Index is simple: the company’s basic
business and revenues must be substantially or exclusively derived from
clean energy resources. These businesses may employ new and innovative
technologies that are designed to combat the problem of global warming. As
such, companies in the Green Energy Index can have very simple business
models. For example, they may be businesses generating electricity through
solar or wind power or companies having more technologically advanced
approaches. The latter would include those engaged in the development of
bioplastic materials used in photovoltaic solar cells. Corporations not
heavily revenue-dependent on clean energy, such as General Electric,
Archer-Daniels-Midland, Chevron. and electric utilities have been purposely
excluded. Nuclear power is not considered a green energy resource and
therefore companies in that field are excluded from the index. New
companies are added to the index only when there is a vacancy. Whenever
possible, Whitehall Financial Advisors LLC will publicly announce changes to
the index on its website at least five trading days in advance of the actual
change. Our objective is to provide investors with the ability to monitor
the stock performance of a group of pure, alternative energy companies.
The index currently contains 92 companies and
is the best representation of a pure universe of companies engaged directly
or indirectly in the production of alternative energy. We have reviewed for
one year an initial list of 232 companies deemed to be alternative or in the
business of producing or facilitating green energy. Over the course of
time, we have pared that list back and settled on 92 companies which meet
the criteria we have established.
For a company to make our list it must provide products
and / or services in the following industry segments:
|
The following
broad classifications have been used and the number
of companies falling within these classifications
is:
|
Broad Industry Classification |
Number of Companies |
|
Air Pollution Control Devices
and Specialized Services & Treatments |
15 |
|
Biodiesel, Biofuels &
Agricultural Waste |
18 |
|
Coal Gasification or Syngas |
1 |
|
Conservation: Demand Side
Management Initiatives & Manufacturing
Efficiency Components |
20 |
|
Fuel Cells and High Capacity
Energy Storage |
19 |
|
Geothermal |
2 |
|
Photovoltaics |
4 |
|
Solar Energy |
8 |
|
Tidal Power |
1 |
|
Wind Power |
3 |
For Additional Information or Questions Please
Contact
Us. |
|
|
|
