In 2009 then President Obama decided that renewable energy was something the US could no longer overlook.  He felt that the only way to really launch this idea was to prop up the industry with subsidies to homeowners and companies willing to take a step into the future of Energy.  Now with the dawn of a new administration who is taking a step back to a carbon-based energy system, can the new renewable industry that has grown up over the last 8 years stand on its own?  And is it a viable option when it comes to investing? 

A report out from Yahoo Finance takes this question on with an interview out on Feb 17.

Columnist Rick Newman talks with Matthew Weatherley-White of  CapRock Group. In his report, he suggests that Renewable is an interrupter here to stay.   Like any other technology, it may not be a fast transition but we are currently looking at a system that will eventually replace fossil fuel completely.  He goes on to say that the cost of Solar installs has dropped making in more affordable however it also depends on where the consumer is located.  As far as investing in solar, putting it on your roof can provide a healthy 6% return or more, which is better than most investments and should be part of your long-term strategy for any portfolio.   All the major averages including the NASDAQ and S&P have a Renewable Energy Tech Index. 

For more information and watch the video interview.