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Monday, January 26, 2009

Obama's sustainable-energy ideas give hope to some fund managers

Tax breaks courtesy of Stabilization Act aim to bolster the sector

InvestmentNews

By Andrew Coen November 30, 2008, 6:01 AM EST

During his campaign, Mr. Obama unveiled an aggressive energy plan aimed at decreasing America's dependence on foreign oil. His energy plan calls for a $150 billion investment in clean technologies over 10 years and programs to create renewable energy.

Sue Asci contributed to this story.

E-mail Andrew Coen at acoen@investmentnews.com.

Dave says-ETFs are a convenient, low-cost way to get portfolio exposure to green energy.

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