Govt boosts environment friendly energy generation

Government action to promote environmentally-friendly energy generation and a booming oil price has ...

Government action to promote environmentally-friendly energy generation and a booming oil price has boosted interest in alternative ways of generating energy, according to the managers of Merrill Lynch's New Energy fund. Despite the re-election of former oil company boss George Bush to the US presidency, Robin Batchelor and Poppy Buxton believe his policies could benefit companies in the sector. Batchelor said: "With the popular vote and control of both houses behind him, Bush should now have less problem with passing the long-awaited Energy Bill, which contains funding initiatives for cl...