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Obama Picks: Funding the future, from electric cars to wind power

"Our hope is that the new administration decides to fund 'the future'," says Sean Broderick. In Money and Markets he looks to some favored exchange traded funds offering long-term investors exposure to alternative energy, wind power, electric cars and the rebuilding of our nation's infrastructure.

"We need an efficient power grid that can carry renewable energy -- solar from the Mojave Desert and wind from the Great Plains -- to the population centers of the U.S. Too bad our power grid is 100 years old and falling apart at the seams. And demand is growing every year.

"In addition, we need more railroads for an energy independent America. Building those lines is a good bottom-up way to boost the economy. And we need an electric car program.

"I'm talking about developing mass-market battery-powered cars (hybrid or plug-in) that achieve at least 100 mpg of gasoline on new fleets by the year 2015.

"These three programs have one thing in common: Good American jobs that can't be shipped overseas. If you want to jump-start the economy, that's a 1-2-3 that might work.

Continue reading Obama Picks: Funding the future, from electric cars to wind power

Investing in solar & wind: Green ETFs

"There's no 'silver bullet' solution to the energy crisis; but there are some solutions that do work," says Sean Broderick, referring to wind and solar power.

In The Safe Money Report he says, "There are with some choice ETF to power your own bottom line." Here's a look at the two green technologies and how you can invest in these developing fields.

"Many Americans are disgusted by the fact that, faced with an energy crisis, the government seems to produce nothing but hot air. So let me give you my appraisal of two alternative energy solutions that work -- along with some choice exchange-traded funds that can power your own bottom line. Here are two energy solutions that work right now.

Solution #1: Wind Power

"Critics will point out that the wind seems to stop blowing when you want electricity most -- on hot summer days. And that is a problem. However, a study last year by Stanford University shows that wind power from interconnected farms can be used as reliable base load electric power.

Continue reading Investing in solar & wind: Green ETFs

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Last updated: November 22, 2008: 02:59 AM

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