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May 10, 2021 When it comes to renewable energy ETFs, investors can choose from funds that offer broad exposure and those that focus on a specific industry. The latter group includes the FAN tracks the ISE Clean Edge Global Wind Energy Index. The asset is relevant at a time when wind energy is one of the centerpieces of President Biden’s ambitious green energy agenda. The Biden administration wants to build 30 gigawatts (GW) of offshore wind projects by 2030. “In online conferences over the past two weeks, offshore wind advocates, wary after years of mixed signals from the federal government, now see momentum gathering toward commercialization,” notes S&P Global Market Intelligence. “In addition to announcing the 30-GW goal, the Biden administration has also completed the environmental impact statement for the nation’s first major offshore wind proposal.”

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