Do any of the currently listed renewable energy companies have much chance at succeeding as businesses, and expanding significantly? I keep thinking renewable energy is the next big thing, but Australia isn't particularly friendly for this sort of industry it seems.
I don't hold out much hope for any of these really, not even DYE, but holding a few of these gives me a fuzzy feeling inside... and, like I said, I am positive some renewable energy company will go somewhere...
Plenty to look at there, thanks glue.
Our list of stocks is certainly dismal compared to some of the booming new energy stocks overseas. There's a whole new market emerging abroad and we're not part of it. I guess we just stick with our commodity stocks for the time being.
The new technologies are going to be pretty risky inasmuch as new breakthroughs could happen at any moment, rendering your favourite solar or wind stock redundant. Competition will be firece to develop and patent new techs before competitors. Exciting.
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