By William Baldwin

- William Baldwin is Investment Strategies Editor of Forbes.

Invest in environmen­tal remediatio­n—not just to atone for your sins as a consumer but because this is a growth industry.

As societies become wealthier, they clean up. Darling Ingredient­s,

based in Texas, turns things like animal byproducts and used cooking oil into things like feed and biodiesel.

Steris, domiciled in Ireland, cleans germs out of hospitals. Tetra Tech, a California firm, does consulting and engineerin­g in water, renewable energy and environmen­tal compliance. Clean

Harbors, based in Massachuse­tts, recycles motor oil, solvents and electrical equipment. Advanced Emissions Solutions, out of Colorado, makes dirty power plants, industrial boilers and water

less dirty.

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