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Article: EDITORIAL: Green investors are shrewd, not heroic.(Editorial)
- Article from:
- Northwest Florida Daily News (Fort Walton Beach, FL)
- Article date:
- April 2, 2006
CopyrightCOPYRIGHT 2006 Northwest Florida Daily News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Apr. 2--They are being hailed in some circles as "capitalists with a conscience" -- as bold, visionary, see-beyond-the-horizon risk-takers, helping to finance a clean energy revolution that will wean the country from fossil fuel dependency.
But most of those who are pumping money into the alternative energy sector -- and investing heavily in ethanol, wind and solar power -- are just shrewd people, who understand that it's hard to go wrong when Uncle Sam is helping hedge your bets and guarantee a return on investment.
We've seen a spate of news stories breathlessly reporting the sudden craze for "green" investing. "Wall Street wakes up to find ethanol ...