Thursday, January 24, 2008

Blowin' in the Wind

If you thought the 2008 presidential race was shattering all records for windy rhetoric, it's nothing compared to the political eco-rhetoric being spun to US taxpayers -- to get them to cough up billions of dollars to fuel a renewable wind power industry boom sensible investors won't touch with a turbine's rotor...
[snip]
In a recent US report about Silicon Valley clean energy investments, Vinod Khosia, founder of Khosia Ventures (representing dozens of US clean energy companies) says, "I worry about over-investing from firms that don't understand the energy markets." He's not alone. In an astute article in Energy Pulse (June 2007) Consulting Engineer Brian Leyland warned that the entire alternative energy renewables investments boom may turn into just another "dotcom bubble".

http://www.tcsdaily.com/article.aspx?id=012308A

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