Forbes.com
10-09-2006, 05:17 AM
Forbes Investing Ideas
Energy Investing
Ethanol Gusher!
Jessica Holzer, 10.09.06, 6:00 AM ET
Washington, D.C. -
High oil prices, a heavy dose of government largesse and the gathering interest among consumers and politicians in weaning America from its petroleum habit have combined to set off a craze for ethanol among investors--from Bill Gates and Richard Branson on down.
Ethanol plants are sprouting all over the Midwest. And investors and policy wonks alike are trumpeting the corn-based fuel as the solution to climate change and America's dependence on Mideast oil.
Private equity investment in biofuels topped $1 billion in 2005, up from negligible amounts only two years ago, according to New Energy Finance, a renewable energy research firm. So far, ethanol is paying off handsomely, especially for those who got in early: Last year, the return on investment in the fuel surpassed 50%.
complete article here... ( http://www.forbes.com/finance/investingideas/2006/10/06/energy-ethanol-investing-biz-energy_cx_jh_1009ethanol_energy06.html?partner=rss )
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Energy Investing
Ethanol Gusher!
Jessica Holzer, 10.09.06, 6:00 AM ET
Washington, D.C. -
High oil prices, a heavy dose of government largesse and the gathering interest among consumers and politicians in weaning America from its petroleum habit have combined to set off a craze for ethanol among investors--from Bill Gates and Richard Branson on down.
Ethanol plants are sprouting all over the Midwest. And investors and policy wonks alike are trumpeting the corn-based fuel as the solution to climate change and America's dependence on Mideast oil.
Private equity investment in biofuels topped $1 billion in 2005, up from negligible amounts only two years ago, according to New Energy Finance, a renewable energy research firm. So far, ethanol is paying off handsomely, especially for those who got in early: Last year, the return on investment in the fuel surpassed 50%.
complete article here... ( http://www.forbes.com/finance/investingideas/2006/10/06/energy-ethanol-investing-biz-energy_cx_jh_1009ethanol_energy06.html?partner=rss )
The Prudent Speculator -- Ranked #1 by Hulbert...Click Here (http://www.kqzyfj.com/click-1968314-10360472)!