global Wine Energy Council

Tue, 2008-06-17 12:12Bill Miller
Bill Miller's picture

Solutions: New trading funds highlight expanding role of wind in global warming struggle

Two new Exchange Traded Funds, filed within days of each other with the U.S. Securities and Exchange Commission, will focus on companies that provide products and services to the wind-energy industry, such as turbine makers and utilities with wind farms.

Wind energy reduces carbon dioxide emissions and cuts natural gas and water use. Of particular interest to investors, wind power is unaffected by price swings in natural gas, coal and uranium — all of which soared this year.

The new filings reflect the deepening role of wind in the battle against climate change.

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