Office Rumors

First Trust has registered a new ETF that will invest in the wind energy industry (based off the ISE Global Wind Energy Index), which is the first of its kind. This would be an interesting green play, because owners would get a pure wind energy play. I don’t follow the industry at all, but the expansion of green power producers based upon the US energy policy and the national political situation today would lend themselves to a good investment. Especially, because states like Texas (among others) heavily subsidize the production of wind turbines.