Oil-import reduction proposal giving lift to clean-energy stocks
Here’s an interesting article in Red Herring about how a U.S. Senate debate over policies to reduce oil imports is drawing more attention to wind, solar, landfill gases and hybrid-electric vehicles.
The White House isn’t cooperating – surprise, surprise. “The White House has already strongly opposed a provision in the current energy bill to reduce foreign oil use by 1 million barrels per day, which is less than 10 per cent of last year’s oil imports,” the story says.
Sigh.
Tyler Hamilton is editor-in-chief of Corporate Knights magazine and a business columnist for the Toronto Star, Canada's largest daily newspaper. In addition to this Clean Break blog, Tyler writes a weekly column of the same name that discusses trends, happenings and innovators in the clean technology and green energy market. This blog is a personal project started in April 2005. It is not an official blog of the newspaper.
