This week’s Business Week has an interesting article suggesting that Wall Street is tripping over itself to invest in alternative energy technologies.
But it also says that the results may be a while in coming. It likens this trend to investing in computers in the 1970’s.
One response to “A Glimmer of Hope from Wall Street”
Now if only the subsidies would quit killing off private investment in Mass Transit. That’d be kewl. :)
I question this alternative fuels investment rush too, as most of it is heavily subsidized meaning there is little to zero actual positive cashflow for now or in the prospective future.
It’s gonna take 5-10 years to see real market based alternatives become viable, IF they ever do, and then another 5-15 years to make them a positive cash flow.