Alternative energy fuels long-term opportunity
Alternative energy fuels long-term opportunity
High oil prices, firm demand and climate change issues are working in favour of alternative energy sector. As oil prices continue to hover around record highs and climate change problems rise up government agendas, the case for investing in alternative energy is becoming more compelling. "Investors have been shunning mainstream energy equities over the past 18 months on the back of worries in the US. Instead they are heading to alternative energy equities,' says Robin Batchelor, co-manager of BlackRock , the Merrill Lynch New Energy Technology fund.