Sunday, March 20, 2011

"On Our Radar: Wind and Solar Stocks Surge on Nuclear Fears"

This blog post discussed one company's surge in stock in response to the nuclear power plant dilemma in Japan. The German solar-panel manufacturer Solarworld has reported a 32% surge in stock. To immediate impacts which the author goes into detail about are, (1) nuclear lobbyist will have a more difficult time lobbying for the nuclear energy, (2)a South Texas power plant, which was supposed to undergo a $10 billion dollar expansion, will probably have its funds pulled.

While this is not a scholarly article, it does highlight a growing trend within the energy industry. It shows that solar and wind power investment is rising, and will only increase quicker due to the incident with Japan's nuclear power plant. This event exemplifies the stark contrasts between nuclear energy and solar/wind energy. One is significantly safer and cleaner, while the other can be disastrous.


http://green.blogs.nytimes.com/2011/03/15/on-our-radar-wind-and-solar-stocks-surge-on-nuclear-fears/?scp=5&sq=solar%20energy&st=cse

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