Clean Energy Alternatives Offer Viable Solutions for National Security, Increased Supply and Environmental Protection
POINT ROBERTS, Wash., December 20th, 2005 – http://www.renewableenergystocks.com/ (RES) and http://www.naturalgasstocks.com/ (NGS) investor and industry news portals for the renewable energy and natural gas sectors, report on a variety of Clean Energy solutions. The overall direction of the energy industry is moving towards safer and cleaner methods of producing electricity and improving manufacturing processes. Clean coal production has created a method for utilizing domestic supplies with less environmental risks. Puda Coal, Inc (OTCBB: PUDC), a producer of clean coking coal, works to improve the quality of steel while reducing the harmful environmental impacts of the process.
Tom Djokovich, CEO of solar photovolatics firm XsunX, Inc., (OTCBB: XSNX) states, “The growing concerns and costs for securing access to enough energy coupled with the long term costs in environmental and health damage may be the central most compelling reasons driving renewable and clean energy demand.” Stanford Ovshinsky, President, Chief Technology Officer and Co-Founder of Energy Conversion Devices, Inc. (NASDAQ: ENER) believes, “We can and must reduce our dependence on oil to reduce the potential for energy-related wars, inflation, and economic instability.”
Over the years natural gas has become a prominent source of energy in large part due to the fact that it burns much cleaner than other fossil fuels and has lower emissions than traditional coal or oil. Petrol Oil and Gas (OTCBB: POIG), a Coal Bed Methane (CBM) producer, utilizes progressive technology to address the risks associated with dewatering.
Report Excerpt: Embracing Clean Energy Solutions
By Ann-Marie Fleming, http://www.renewableenergystocks.com/,
As the nation works towards meeting the growing energy demands while maintaining security, energy independence and environmental protection many industry participants are turning towards cleaner sources of energy. Some are looking at better ways of utilizing existing supplies of power producing material like coal and natural gas and others are embracing alternatives such as renewable energy technology. While the future landscape for the energy industry has yet to be determined it appears that a diversified portfolio of cleaner and safer means for the production of electricity is a realistic expectation.
As described by Jamie Wimberly, CEO of the Distributed Energy Financial Group LLC and Founder of the Distributed Energy Stock Index (DESI), “For the next three to five years, the major drivers toward the pursuit for cleaner sources of energy as an end unto itself would include, in this order: government policies and regulation, corporate strategies and customer preferences. For most customers, however, concerns over high prices and the reliability of supply are the drivers to seek alternative sources of energy or solutions.”
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Source: RenewableEnergyStocks.com, PUDC, XSNX, ENER, POIG