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The Time is Ripe for Investing in Alternative Energy

MITECHNEWS.COM reports that a panel of experts at the University of Michigan Growth Capital Symposium agreed that the environment for investing in alternative energy companies is the best it has been in a decade. They tagged not only ethanol, biodiesel wind and solar companies but also businesses that make high-tech controllers to make the energy gathering process more efficient.

Chairman and CEO of Konarka Technologies Howard Berke said: "Michigan has an industrial base and a very knowledgeable industrial workforce ideally suited for alterative energy development." He suggests that to foster alternative energy development, the federal government needs to step up in a big way, the way the German government has done, and provide subsidies to help the transition from generating electricity via petroleum or coal to production by alternative energy means.

Read Alternative Energy Investment Environment Best In A Decade from MITECHNEWS.COM
Michigan Growth Capital Symposium web site

Posted/updated May 17, 2006
by Andrew McFarlane (Absolute Michigan)