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Renewable Energy Stocks Sector Close-Up on Ethanol Stocks and Sustainable & Electric Transportation, Green Automotive Stocks
Energy Bill Drives Green Car Fuels and Technologies
| Source: RenewableEnergyStocks.com; ZAP
POINT ROBERTS, WA and DELTA, BC--(Marketwire - December 21, 2007) -
www.RenewableEnergyStocks.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."
Additionally, 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)."
VeraSun Energy Corporation 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.
Electric Vehicle 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."
For 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), with a 52-week range of $4.20 - $18.79, closed at $9.14.
VeraSun Energy, Corp. (Market,
News) closed at $15.71, up $0.45 (2.95%) for the day.
Green Plains Renewable Energy Inc. (Market, News), 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) closed at $43.29,
up 1.91 (4.62%).
BlueFire 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),a provider
of natural gas (CNG and LNG) for transportation in North America closed at
$15.00.
Advanced Battery Technologies Inc. (Market, News), a company that
manufactures, and distributes rechargeable PLI battery cells using lithium
cobalt oxide anodes, has a 52-week range of $0.56 - $9.66.
Altair Nanotechnologies Inc. (Market, News) 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 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"
http://investorideas.com/Podcasts/audio/102607.mp3
and
"InvestorIdeas.com 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."
http://investorideas.com/Podcasts/audio/120407.mp3
About Featured Showcase Company, Electric car pioneer ZAP (OTCBB : ZAAP ):
ZAP 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.
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as to the accuracy of information presented. All Information relating to
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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 EVs for the Greentech Investor Contest.
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