Alternative Energy Whipsawed « Zionistgoldreport’s Weblog

Alternative Energy Whipsawed « Zionistgoldreport’s Weblog: "While some hail the election of President Barack Obama as a boon for alternative energy down the road, the renewable sector remains stalled compared to the flurry of deal making earlier this year.
Although legislators in Washington are laying out an ambitious energy agenda for the coming year, the credit crises and cheap gasoline have dealt a double-blow to the prospects for biofuel, solar and wind energy champions.
No less than five initial public offerings, as well as an undetermined number of financings and mergers, remain frozen in the ice of the 2008 credit crises as the bear market pierces the alternative energy bubble."