Investment in renewables: Bubble, or key to prosperity?
On NPR’s Morning Edition program today, Jeff Brady interviewed hedge fund veteran Eric Janszen. For about the past year, Janszen has been telling anone who will listen that renewable energy is the next great investment bubble, following in the tradition of the real estate and dot-com bubbles. Then Brady talked to Boone Pickens, who explained, in effect, that renewable investments are tied to the price of energy in general. The unstated implication: y ou’d have to believe that energy is a [...]
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