A Look into the Future of Renewable Power?

Today’s Washington Post contains an article discussing renewable energy in Colorado during the last four years.

In 2004, largest utility company in Colorado fought against a ballot initiative that required 10% of the state’s electricity come from renewable sources. The initiative passed and the company, Xcel Energy, started work on the necessary changes. They were quite successful, meeting the new requirement eight years ahead of schedule! In fact, Xcel Energy has agreed to double the target to 20% of electricity coming from renewable sources. Read more

Alternative Energy Companies

The Christian Science Monitor recently posted excerpts from an interview with Carey Callaghan, a co-portfolio manager of American Trust’s Energy Alternatives Fund. The discussion focused on investing in alternative energy. Given the recent defeat in the Senate on S. 3335, which would have extended investment tax credits for the installation of solar energy equipment and production tax credits for building wind and alternative energy systems, I was interested to learn more about nongovernmental investment in this area.
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