|Energy Bill Drives Green Car Fuels and Technologies (Score: 1)|
by vlad on Friday, December 28, 2007 @ 19:14:23 GMT
(User Info | Send a Message) http://www.zpenergy.com
Renewable Energy Stocks Sector Close- Up on Ethanol Stocks
and Sustainable & Electric Transportation, Green Automotive Stocks
POINT ROBERTS, WA and DELTA, BC – December 21, 2007, www.RenewableEnergyStocks.com [www.zpenergy.com],
a leading investor news and research portal for the renewable energy
sector within Investorideas.com, presents a sector close- up on
alternative fuel and fuel efficient technology stocks following the
passage of the Energy Bill. Ethanol stocks received a much needed
boost, on the mandate of higher fuel economy standards, reduction of
dependence on foreign oil and annual production of renewable fuels to
increase to 36 Billion gallons by 2022.
According to Calyon
Securities analyst, Kelly Dougherty, “The ethanol stocks should respond
favorably to the recent passage of the Energy Bill as the sector should
benefit from the increased domestic RFS which mandates use of 36
billion gallons annually by 2022. This should alleviate oversupply
fears as more demand will be mandated with a funded path toward further
infrastructure build-out and commercialization of cellulosic ethanol,
which should support higher future ethanol prices.”
Calyon Securities commented,” The increased RFS should result in
continued infrastructure build-out, opening of new markets, and
increased discretionary blending along the path to commercialization of
cellulosic which should support higher ethanol prices. We believe
VSE/USBE will be well-positioned given its larger scale and potential
for lower costs as well as its innovative stance on new technologies
(corn oil extraction and investments in cellulosic ethanol).”
Energy Corporation (VSE) issued the following statement December 19th,
“We applaud the work of our leaders in Washington, D.C., for their
vision in putting our country on a path toward greater energy diversity
and sustainability. The expanded Renewable Fuels Standard will
significantly reduce our country’s dependence on foreign oil and extend
our nation’s fuel stream.”
Another milestone in the Energy Bill
is the requirement for a significant increase in average fuel economy
to a 35 mpg fuel economy standard by 2020.
manufacturer ZAP (OTCBB: ZAAP) CEO Steve Schneider, noted, “Our plug-
in electric cars and trucks exceed current and future standards with
zero emissions and costs at 3 cents per mile for electricity.”
investors following alternative fuel and fuel efficient technologies,
RenewableEnergyStocks.com features a directory of renewable energy
stocks including biofuel, and Electric Vehicle (EV), battery technology
and related stocks.
Sector Close-Up – Ethanol and Sustainable & Electric Transportation, Green Automotive Stocks
(As of close December 20th, 2007)
Pacific Ethanol, Inc. ( Market, News [www.zpenergy.com]), with a 52 week range of $4.20 - $18.79, closed at $9.14.
Verasun Energy, Corp. ( Market, News) [www.zpenergy.com] closed at $15.71, up $0.45 (2.95%) for the day.
Green Plains Renewable Energy Inc., ( Market, News [www.zpenergy.com]) another ethanol stock with a 52 week range of $8.52 -$ 25.00 and closed up $1.20 at $11.74 .
Archer-Daniels-Midland Co. ( Market, News [www.zpenergy.com]) closed at $43.29, up 1.91 (4.62%).
Ethanol Fuels, Inc., a cellulose ethanol company, also issued a
statement relating to the Energy Bill, closed at $3.20.
Clean Energy Fuels Corp ( Market, News [www.zpenergy.com]),a provider of natural gas (CNG and LNG) for transportation in North America closed at $15.00.
Advanced Battery Technologies Inc. ( Market, News [www.zpenergy.com]),
a company that manufactures, and distributes rechargeable PLI battery
cells using lithium cobalt oxide anodes, has a 52 week range of $ 0.56
Altair Nanotechnologies Inc., ( Market, News [www.zpenergy.com])
recently funded by Dubai conglomerate, Al Yousuf L.L.C. for $40
million, the battery maker has a 52 week range of $2.48 - $5.45 and
closed on December 20th at $4.25.
ZAP (OTCBB: ZAAP), electric car
manufacturer, also announced a $5 million Private Placement with the
Dubai conglomerate, Al Yousuf L.L.C., as well as the addition of Mr.
Eqbal Al-Yousuf to the Board of Directors, has a 52 week range of
$0.68- $1.47 .
Additionally RenewableEnergyStocks.com features
the Driving Green Podcast, providing insight into the highways of the
future. Recent audio interviews/Podcasts include:
“Driving Green, Interview with Christina Page, Yahoo!’s Director of Climate and Energy Strategy”
renewable energy and environmental interview with Mary Nichols,
Chairman of the California Air Resources Board, recognized as one of
Governor Schwarzenegger's most senior advisors on climate change.”
About Featured Showcase Company, Electric car pioneer ZAP (OTCBB: ZAAP):
has been a leader in advanced transportation technologies since 1994,
delivering over 100,000 vehicles to consumers in more than 75
countries. At the forefront of fuel-efficient transportation with new
technologies including energy efficient gas systems, hydrogen,
electric, fuel cell, ethanol, hybrid and other innovative power
systems, ZAP has a joint venture to manufacture electric and hybrid
vehicles with Youngman Automotive Group, one of China's leading
manufacturers of buses and trucks. ZAP is developing a high-performance
crossover SUV electric car concept called ZAP-X engineered by Lotus
Engineering. ZAP is also developing a new generation of vehicles using
advanced nanotech batteries with Advanced Battery Technologies. The
Company recently announced a strategic partnership with Dubai-based Al
Yousuf Group to expand its international vehicle distribution. ZAP also
makes an innovative, new portable energy technology that manages power
for mobile electronics from cell phones to laptops. (Advertisement)
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® [www.zpenergy.com] is one of several green investor portals within Investorideas.com.
Our sites do not make recommendations. Nothing on our sites should be
construed as an offer or solicitation to buy or sell products or
securities. We attempt to research thoroughly, but we offer no
guarantees as to the accuracy of information presented. All Information
relating to featured companies is sourced from public documents and/ or
the company and is not the opinion of our web sites. This site is
currently compensated by featured companies, news submissions and
online advertising. ZAP currently pays the equivalent of two thousand
five hundred in 144 shares and has provided promotional EV’s for the
Greentech Investor Contest. www.InvestorIdeas.com/About/Disclaimer.asp [www.zpenergy.com]
For more information contact:
Dawn Van Zant 800.665.0411
Source: RenewableEnergyStocks.com, ZAP