Those of us who engage in the sport of doom scrolling are spoiled for news content these days. Headlines proclaim that the world is teetering on the precipice from any number of political, social, natural, and environmental disasters. The last one on that list has given rise to various green technologies that have attracted investors keen on greening their portfolios and saving the planet. But as we’ve repeatedly pointed out, many of these nascent industries are not ready for prime time. Hydrogen? Seems like a pipe dream. It’s still way too early to invest in emerging technologies like carbon capture. And even stocks in established industries like solar and wind are taking a beating these days.
A Quick Recap of Desalination Stocks
Yet many of our readers remain interested in investing in green technologies despite the risks. One of our most popular articles over time was a piece on investing in desalination companies that we wrote nearly a decade ago. Since then, we have often revisited the water tech investment theme from different angles but occasionally keep searching for pure-play desalination stocks. These are companies whose primary business is the design, development, and/or deployment of technology to turn saltwater into potable water. The number of desalination plants has grown tremendously over the last 60 years.