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Oil price rise makes renewable energy more cost competitive

Investors eye renewable energy as oil prices rise Jefferies Clean Tech Conference attendance up; crude tops $107 By Steve Gelsi, NEW YORK (MarketWatch) — Biofuel, electric cars and natural gas-powered vehicles drew attention against a backdrop of sharply
higher petroleum prices from investors gathered at the Jefferies Global Clean Technology Conference.

With crude oil topping $108 a barrel and average retail gasoline costing nearly $4 a gallon at the pump, analysts and clean technology company executives said renewable fuel is becoming more cost-competitive…… http://www.marketwatch.com/story/investors-eye-renewable-energy-as-oil-prices-rise-2012-02-27

February 28, 2012 - Posted by Christina Macpherson | general

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