Tuesday, May 16, 2006

Two energy articles from FT

I came across two alternative-energy related articles today that I wanted to share. Both from the May 16th Financial Times. Alan Beattie writes about Brazil's successful ethanol program and how the export of this fuel and adoption of its production methods abroad might help the country regain political influence. No comments on how the crop raising program might be directed away from exacerbating Amazon deforestation though, unfortunately.

The second article, by James Altucher, focuses on opportunities in alternative energy investment. James attended an energy investment conference in New York which centered around the release of the Next Generation Energy Index, which has recently begun trading on NYSE Archipelago (symbol: NGE.X). Incidentally, I couldn't find the proper symbol to look it up on Yahoo! Finance, but I did manage to get a quote from Excite Finance (symbol: ^NGE.X).

Getting back to the subject of the article, all of which can be read here, James shares some of what he learned from the conference and gives us his views on a few possible investments in the NGE arena. Enjoy!