This guest-post is brought to you by Miranda.

Image credit: SRI International.

When it comes to environmentally friendly investing, many of us overlook investing in companies that create innovative products that can help us improve the quality of the planet.

One of these ways is ocean water harvesting. It is possible to harvest energy from the pounding waves, and to do so in a relatively environmentally-friendly way. It is interesting to note that the oceans are a great, mostly untapped, natural resource. Not only does it provide food, but it also offers interesting solutions to a variety of problems, including energy.

With USD 100 oil increasing in likelihood, and with concerns about the planet’s climate mounting, it makes sense to use what we can. You can buy your own small ocean water harvesting unit (if you live near the ocean) to help power your home, or you can advocate the use of renewable energy in your city, and invest in viable companies that work toward producing the technology to make renewable energy more cost-efficient.

Miranda Marquit is a personal finance writer. She writes for Yielding Wealth and the AllBusiness Personal Finance Corner.