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Thu, March 22, 2012

Domestic Support for Clean Energy Slides


Published on 2012-03-22 05:26:48 - Market Wire
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March 22, 2012 08:20 ET

Domestic Support for Clean Energy Slides

Five Star Equities Provides Stock Research on SatCon Technology & A123 Systems

NEW YORK, NY--(Marketwire - Mar 22, 2012) - Alternative Energy stocks have struggled in recent weeks as domestic support for clean energy begins to deteriorate. The PowerShares Wilderhill Clean Energy Portfolio, which tracks a global index of clean energy companies, has plummeted more than 6.5 percent over the last month. Five Star Equities examines the outlook for companies in the Alternative Energy Sector and provides equity research on SatCon Technology Inc. (NASDAQ: [ SATC ]) & A123 Systems Inc. (NASDAQ: [ AONE ]). Access to the full company reports can be found at:
[ www.fivestarequities.com/SATC ]
[ www.fivestarequities.com/AONE ]

According to a recent poll conducted by the Pew Research Center for the People & the Press, while a majority of respondents supported alternative fuels, sentiment for solar, wind and hydrogen power was not as popular as it had been in March 2011, when 63 percent indicated that was their favorite choice, while 29 percent chose coal, oil and gas exploration. The most recent poll finds that 52 percent of those responding indicated support for alternative fuel was more important than increasing oil, coal and natural gas production.

Five Star Equities releases regular market updates on the Alternative Energy Sector so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at [ www.fivestarequities.com ] and get exclusive access to our numerous stock reports and industry newsletters.

Overall, the poll found Americans say diversified energy policies are important, with 78 percent supporting better fuel efficiency standards, and more than 60 percent supporting more funding for alternative energy research, allowing more drilling in U.S. waters and spending more on mass transit.

President Obama hit the road earlier this week in hopes of reinvigorating his argument that the United States must embrace a broad strategy to reduce the nation's dependence on foreign oil.

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