Saturday, October 20, 2007

Rush into green arena raises bubble fears


The conclusion is that yes there will be a bubble built up and, at some point, it will burst. However, between now and then, there will be much money to made and so.......let´s make it and just be ready for the downturn when it comes.

If you are a long-term investor, much money will be made, with or without a downturn.

If you are looking for shorter term profits, much money will be made and be quick when the downturn does arrive, and it will arrive.

Onésimo Alvarez-Moro

See article:
Darren Kell, chief executive of Tanfield, the UK engineering group, had long seen the potential to make lots of money from climate change.

So in 2004, his company made an investment with the sole ambition of doing exactly that.

It bought Smith Electric Vehicles with a plan to develop environmentally friendly electric vans and trucks that could be used for deliveries or maintenance work.

The investment has so far paid off. In April, it won a contract with J Sainsbury, the UK retailer, which now uses its van – the Edison, named after the inventor of the electric light bulb – to deliver groceries.

Tanfield, with its foothold firmly in the renewable electricity sector, has seen its share price on London’s Alternative Investment Market soar from 10p at the time of the acquisition to 180p today.

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