By Jeff Reeves, MarketWatch
Look, climate-change deniers: Global warming is real. NASA thinks so , and they are literally rocket scientists. Meteorologists, geophysicists and geologists — that is, people who actually study, like, the weather and, uh, the Earth — think so.
So unless you have a Ph.D and have done scholarly research, please take your global-warming denials to Twitter where you can speak with like-minded people with a similar immunity to facts.
For the rest of us, it is increasingly clear that a reduction in carbon emissions is not just necessary for our existence, but a pretty good long-term investing trend to tap into as we move beyond fossil fuels. As I wrote recently on MarketWatch, “Why the clouds will eventually part for solar stocks,” major players like SunPower Corp. /zigman2/quotes/200243424/composite SPWR +1.65% and First Solar Inc. /zigman2/quotes/209356097/composite FSLR +0.31% may have short-term challenges, but they will be around for many years to come as we look for energy solutions while fixing our broken climate.
I personally like 8Point3 Energy Partners LP , a so-called yieldco launched in partnership by First Solar and SunPower, since it is focused mainly on utility-scale power generation and offers a juicy dividend approaching 6%.
Take a dip
If you can’t beat the heat inside, you might as well try to relax in the pool — either at home or at your local water-sports facility.
Pool Corp. /zigman2/quotes/200443753/composite POOL +2.17% is one of the largest distributors of swimming-pool supplies and construction materials, operating more than 300 sales centers worldwide. Pool Corp. is not your local contractor with a backhoe and a pickup; it’s a wholesale distributor that has been in operation for 20 years, and has connections all around the country to the residential pool business as well as bigger institutional pools, municipal swim centers and apartment complexes. Whether it’s new construction or regular maintenance, this stock is a player in pools.
Another good play on this trend would be Six Flags Entertainment Corp. /zigman2/quotes/208050417/composite SIX +1.38% and Cedar Fair LP Dep. Rec. /zigman2/quotes/205497488/composite FUN +0.05% , which operate traditional theme parks with roller coasters as well as water parks.
Six Flags Entertainment typically is known for its Superman rides, but its Hurricane Harbor water park just opened last year in New Jersey. And many facilities such as Six Flags America in the Washington/Baltimore area have a water park attached. And Cedar Fair, while known for its gut-wrenching roller coasters at Cedar Point, has a focus on waterparks such as Cedar Point’s Castaway Bay indoor water park and Pennsylvania’s Wildwater Kingdom at Dorney Park.