Article: Boston-based Analysis Group: Even clean energy has its ups and downs

The fossil fuel market has roughly mirrored the stock market the last two years, climbing throughout 2007 and plummeting last September before slowly rebounding this year.

But a third market -- clean energy -- is equally as volatile, an investment banker and an economic analyst told hundreds of environmental lawyers gathered in Baltimore last week.

"If last year, we were poised for change in green energy, this year the jury is still out," said Susan F. Tierney, managing principal with The Analysis Group in Boston and expert on energy policy.

"You've got a dramatic change in the character of risk and the willingness of interests to the risk," added Paul Deninger, vice chairman of Jefferies & ...

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