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Friday, July 07, 2006

WIND

Good news from a Wall Street observer suggesting that one commodity is on the upswing and blowin' us toward a part of the answer.

From Kevin Kelleher at theStreet.com:


Like it or not, when we talk about alternative energy today, we're talking about wind turbines.

Every type of energy has the same upside: providing the power we need to run our economies and our lives. But each has its unique downside. In the case of wind
turbines, there are a few. They are a blight to landscape or seascape. They shred birds that are sucked into their blades (5,000 a year in one California wind farm). They are expensive and difficult to maintain.

But they're not going away, and in fact they are becoming more commonplace. Wind turbines generated 59,000 megawatts of power around the world last year,
more than quadruple the amount in 1999. The World Wind Energy Association estimates that figure will more than double again by 2010.

That kind of growth usually presents interesting opportunities for investors...

He goes on to recommend GE Wind and to mention U.S. Wind Farming and Western Wind Energy as possible investments.

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