Part 2 - More Than Just Alternative Fuel Stocks
| Make a Buck! Save a
Tree! Part 2 - More Than Just Alternative Fuel Stocks |
|
|
|
|
Consider Canadian Hydro. This ten year old company develops low-impact alternative electricity generating systems. It has eleven plants in three provinces including the Cowley Ridge Wind Plant and the natural gas fueled Drywood Plant in Alberta, as well as a number of small scale hydro-electric plants. All provide zero emission energy and all are certified under the federal government's Ecologo program as low-impact renewable resources.
Canadian Hydro is part of the eleven founding members of the KEFI exchange, an emissions trading exchange which allows environmentally friendly energy producers to realize value for their efforts by trading accumulated emission reduction credits to conventional producers unable to meet government mandated standards. It is the aim of this program to enable market mechanisms to regulate pollution, eliminating the necessity for a carbon tax.
Canadian Hydro's revenues grew by 50% in 1999 and are expected to grow even more in 2000.
Then there's Bennett Environmental. This company has thirty years experience in managing hazardous wastes such as PCBs, PCPs, dioxins and more using thermal oxidization. It's forte is remediating contaminated soils.
The Vancouver-based company had a tough year to June 30, 2000 with declining revenues and profit turning to loss. But a strategic alliance with Onyx Environmental Services, a subsidiary of the French multi-national Vivendi Corporation, signed in August and another alliance with American IT Corporation of Pennsylvania signed in September should help the company turn the situation around.
EARTH Corporation (which stands for Environmental Applied Research Technology House) is a leading supplier of sorbents and other products for managing oil pollution. Its patented RPA® Technology product, unlike other sorbents, is re-usable up to 100 times. A detailed investor package can be downloaded at their website in pdf format.
E.S.I. Environmental Sensors Inc. makes water and moisture measuring instruments which have applications in agriculture and waste management. It also has applications in the oil industry. ESI also sells oceanographic equipment manufactured by others.
In a report in the Nov. 3, 2000 Investor's Digest, Phil Speller argues that the stock is "a dramatically undervalued junior that will not hide its light under a bushel much longer". He says a ten-fold appreciation over the next three years is not out of the question.
Another interesting environmentally friendly company is Toxin Alert of Mississauga, Ontario. It makes a packaging material that can detect whether toxins or contaminants such as salmonella or pesticide is present in a food product.
But even more interesting is its recent joint project with two other companies to rehabilitate the tobacco plant. They are conducting research at the University of Guelph into developing tobacco and potato plants which will produce antibodies that can detect food-borne pathogens such as Listeria and E Coli. Such antibodies are known as "plantibodies".
These are just a few of the interesting enviro companies operating in Canada. You'll find more in the Enviro Stock Table.
Be sure to check out the other related About websites linked in the box above right. In particular, check out Jurgen Teuwen's Alternative Energy site. He covers a broader range of Alternative Energy companies that includes American ones. You'll find his Investment Opportunities Links particularly interesting.
Previous page > Back to Alternative Fuel Companies > Page 1, 2