Tom Konrad of AltEnergyStocks.com is out with an article this morning on the wind industry, highlighting reasons to be bullish despite a tight credit market.
His top 3 are:
– both Presidential candidates are calling for the cap n trade system
– the Production Tax Credit (PTC) was extended (I’ll add to this – this is only a one year extension but an Obama victory would likely expand this kind of government subsidy for renewable … Read the rest
Another “green” ETF began trading last week put out by one of the more innovative ETF providers, Invesco Powershares. The PowerShares Global Progressive Transporation Portfolio ETF (PTRP) carries a fancy name and a diversified way to play the transition toward cleaner, less costly and more efficient means of transportation. It’s based on the Wilder Nasdaq OMX Global Energy Efficient Transport Index and includes companies that:
– improve energy efficiency
– reduce fuel costs
– harness … Read the rest