Question by Claudio F: When are alternative energy stocks going to rise?
Obama seems to be the ultimate alternative energy supporter, so I suppose that alternative energy stocks will rise under his presidency.
The oil price is down a lot right now, and that doesn’t support investments in alternative energy; I also heard that oil companies will fight to death to stop alternative energy companies from taking off. When is going to be the best time to invest in solar, wind and hydrogen?
Best answer:
Answer by RM
With the entire world in a recession, gas is going to stay cheap for quite a few years. Those alternative energies will be put on the back burner until the economy gets turned back around… so the stocks will probably be stagnant for quite a while.
Obama can’t do everything he promised, there just isn’t enough money to do it.
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Tags:Alternative, energy, Going, Rise, stocks
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