Alternative Energy Faces Headwind

Alternative Energy Faces Headwind

Stephanie Kinnear
Oct 21, 2008

Ever since we started sensing this financial crisis, we've been wondering how it might affect all things green -- green building, green consumerism, green remodels...

Now we're seeing how it is adversely affecting advances in the world of alternative energy.

According to an article in yesterday's New York Times, "shares of alternative energy companies have fallen even more sharply than the rest of the stock market in recent months" ... meanwhile, oil and gas is getting more affordable. None of this is good news for alternative energy advocates.

From the article:
"The next presidential administration, to make good on campaign rhetoric and continue supporting renewables, will have to choose alternative energy over other programs at a time of ballooning deficits."

What do you think about that? How high on the next president's list of priorities should alternative energy be?

Get the whole story here.

image via George Frey/Bloomberg News

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