Carson City 1/28/2011 9:00:00 PM
Wind Energy To Meet the Presidents Call -Here Enterprises (HRTE)
Renewable energy time is here
The wind energy industry and small companies like Here Enterprises (HRTE) got the backing of the presidency on Tuesday night, when president Obama called for 80% of America’s power needs to come from clean energy by 2035
"We're issuing a challenge," said Obama. "We're telling America's scientists and engineers that if they assemble teams of the best minds in their fields and focus on the hardest problems in clean energy, we'll fund the Apollo projects of our time."
"Some folks want wind and solar," he said. "Others want nuclear, clean coal and natural gas. To meet this goal, we will need them all - and I urge Democrats and Republicans to work together to make it happen."
The American Wind Energy Assn., a trade group for wind power companies, said the industry wants to ramp up developments right away after laboring through a major slump in 2010.
“We are pleased to see the possibility of the first predictable long-term federal policy toward renewable energy. But of course we'll need to make sure the policy really deploys the renewable energy Americans want in the near term, as well as the long term.” said Denise Bode, the group's chief executive.
‘By 2030 wind can be up to 20% of the electric supply all by itself, according to a study by the George W. Bush administration. And it insources jobs and investment into America. That's what our industry is doing to make good on this national commitment to clean energy and economic growth.’
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Stocks to Watch:
Here Enterprises Inc. (Pink:HRTE), Federal National Mortgage Association (OTCBB:FNMA), Federal Home Loan Mortgage Corp (OTCBB:FMCC), American Power Corp. (OTCBB:AMPW), Mainland Resources Inc(OTCBB:MNLU), Banner Corporation (NASDAQ:BANR), Glu Mobile Inc. (NASDAQ:GLUU)
Featured Stock:
Here Enterprises Inc.
(Pink:HRTE)
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Other Stocks to Watch:
Federal National Mortgage Association (OTCBB:FNMA)
Federal National Mortgage Association (Fannie Mae) is a government-sponsored enterprise (GSE) chartered by the United States Congress to support liquidity and stability in the secondary mortgage market, where mortgage related assets are purchased and sold.
Federal Home Loan Mortgage Corp (OTCBB:FMCC)
Federal Home Loan Mortgage Corp, formerly Freddie Mac, is engaged in purchasing residential mortgages and mortgage-related securities in the secondary mortgage market and securitizing them into mortgage-related securities that can be sold to investors.
American Power Corp. (OTCBB:AMPW)
American Power Corp., formerly Teen Glow Makeup, Inc., is an energy company. The Company focuses on developing its coal resources to support electricity generation.
Mainland Resources Inc(OTCBB:MNLU)
Mainland Resources, Inc is a natural resource exploration company engaged in the exploration, acquisition and development of oil and gas properties in North America
Banner Corporation (NASDAQ:BANR)
Banner Corporation is a bank holding company.
Glu Mobile Inc. (NASDAQ:GLUU)
Glu Mobile Inc. (Glu Mobile) is engaged in designing, marketing and selling games for mobile phones
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