Next X Prize: A $10 Billion Renewable Energy 401(k) Corporate Challenge?
First Company or Corporate team to Generate $10 billion in Renewable Energy Investment via Retirement Plans Could be the Winner of a Proposed New X Prize. Adding a renewable energy sector fund to 401(k) retirement plans will: 1)generate a significant number of new jobs 2)create a healthy economy, 3)increase clean energy production, 4)lower energy costs and combat climate change. The renewable sector currently employs 116,000 people and generates $19 billion dollars in annual revenues.
MarketCaliber.com Announces 3rd Quarter Focus on Renewable Energy Stocks.
Renewable energy stocks have seen impressive gains in first half of 2008, but the MarketCaliber.com team sees the current growth as "just the tip of the iceberg." As global energy consumption continues to increase, interest in renewable energies will bringing massive profits to investors looking to cash in on the "green energy" wave.