Tag Archives: oil

AltEnergyStocks.com: "Tight Credit Markets Won’t Stop Wind Energy Industry"

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

Brazilian Ethanol Plants to get $260M Loan

The Financial Times reported today that the board of the Inter-American Development Bank is set to approve a 15 year loan of $250M to three new ethanol plants.  Despite the growing environmental concerns about biofuels this will be the biggest development ever by a multilateral intuition.   The new ethanol project will cost over $1bn and will be built by Santa Elisa Vale Do Rosario, a Brazilian company, and US private equity groups.

"Steady rises in … Read the rest