Seeking Efficient Alternative Energy
The rise and fall of crude oil prices have been one of the most significant stories during 2008. Crude oil reached an all time high of nearly $150 per barrel during July of last year, but has since plummeted to below $40 per barrel recently in early 2009. Whatever the volatility may suggest, the truth still holds: crude oil is a limited natural resource and the world must find ways to become less dependable on oil. In this featured perspective, Blacksand Group's investment management team explores the different types of alternative energy and discusses their potential for long-term growth and efficiency for the world. We will examine the following energy resources: wind, hydrogen, solar, nuclear and hydro.