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    Solar Energy ETFs Shining Bright So Far in 2011

    Mon, 01/24/2011 - 12:09 EDT - Seeking Alpha
    • FSLR
    • Jared Cummans
    • JASO
    • KWT
    • RNWEF.PK
    • TAN
    • TSL

    Jarred Cummans submits:2010 brought terror to the energy sector, as the year started off with the Deepwater Horizon spill, sending energy equities across the board into a free-fall. Despite this tragedy, some analysts felt that the vast amounts of oil that had spewed into the Gulf of Mexico would finally force the U.S. government to make a push for cleaner energy. Investors in clean energy had similar hopes, but all to no avail; clean energy finished out the year as one of the worst sectors by far. But with our demand for fossil fuels constantly growing, and our supply steadily shrinking, there may come a day when we have no choice but to adopt numerous alternative energy sources. As the economic situation has improved around the world, investors have started to bid up the price of oil once again, putting renewed focus on alternative forms of energy. This has pushed many ETFs in the sector sharply higher so far in 2011 but it has been especially kind to one form of alternative power: solar. Complete Story »

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    Related

    • Sunny Days Ahead for Solar ETFs?

      Jarred Cummans submits:After a rough 2010, alternative energy equities have been swinging back and forth all year long without establishing a clear trend.

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      ETF Database submits: Over the past few years, the number of ETFs tracking the alternative energy industry has soared; what was once just a few funds targeting broad equity and bond markets has now branched out into a diversified mix of ETFs offering exposure to almost every conceivable corner of the investable asset universe. One excellent example of this trend is the clean energy space, which is now the subject of dozens of exchange-traded products.

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    • Oil Rig Explosion Victim's Dad Says $4 Billion Criminal Fine Is 'Petty Cash To BP'

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      (NEW ORLEANS) — Oil giant BP has agreed to pay a criminal penalty in the billions of dollars for the 2010 oil spill in the Gulf of Mexico, a person familiar with the deal said Thursday. The person, who spoke on condition of anonymity because they were not authorized to speak on the record about the deal, also said two BP PLC employees face manslaughter charges over the death of 11 people in the explosion of the Deepwater Horizon oil rig that triggered the massive spill.

    • 5 Alternative Energy ETFs Facing an Uphill Battle

      Kevin Grewal submits: Most recently, President Barack Obama addressed rising gasoline and energy prices by stating that it is imperative that the U.S. utilize sources other than fossil fuels to feed the nation’s energy appetite and lessen foreign dependency on crude oil.

    • Solar ETFs Are Seeing Sunny Days

      Tom Lydon submits: President Obama’s budget proposal includes a 12% bump for the Energy Department and it could translate into even more of a kick for solar energy exchange traded funds (ETFs).

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