NEW YORK (Commodity Online): Peak oil, the end of the line for oil extraction, has increased investments in the green energy sectors to the extent of 30% at $211 billion, according to Danny Esposito, co-editor for financial newsletter and web site Penny Stock Detectives.
China, the U.S., and Germany are countries that are leading the way in green energy. These countries are increasing the number of research and development facilities, while building out massive projects in order to secure green energy for the future.
U.S. and Germany are struggling to produce efficient systems at low cost, which is placing a strain on investment in this green energy within these countries to implement the solar panels to produce energy.
Meanwhile, studies are showing that wind turbines and biomass could produce more energy than solar, and are cheaper alternatives. It?s possible that both these countries might focus more on these areas and less on solar energy.
?There is no question that peak oil is driving countries to invest in green energy. Green energy investments will just continue to rise in spite of what the economy is doing. If you want a recession-proof investment that is critical to our future, the green energy space is one to consider seriously.? said Esposito.
Meanwhile, India has also taken initiatives to introduce more and more green energy projects under different programmes to increase the share green energy in India's energy sector.
MCX CARDAMOM 15 May 2012 contract was trading at Rs 705 , up Rs. 15 . What's your view on it?
After reading this article, people also read:bob costas jerry sandusky chelsea clinton kat von d tiki barber minnesota vikings packers vs vikings packers vs vikings
No comments:
Post a Comment