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Praxair (PX): The 'race' for carbon capture |
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| Oct 30, 2009 04:00 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: Newsletters, Commodities, Oil, Stocks to Buy, Green Stocks, Obama Picks "The U.S. Energy Department is sponsoring a race to develop an obscure industrial process -- carbon capture and sequestration (CCS) -- and the winners of the race will receive $1.4 billion -- yes, billion, with a B," says Andy Obermueller. In Government-Driven Investing, he says, "My pick to profit from among the 12 companies selected to compete in this scientific 'Olympiad' is Praxair (NYSE: PX)." "This industrial-gas company owns hundreds of CCS patents, technology that could turn a coal-fired power plant -- about the dirtiest thing in the world, emissions-wise -- into one of the cleanest. Continue reading Praxair (PX): The 'race' for carbon capture Praxair (PX): The 'race' for carbon capture originally appeared on BloggingStocks on Fri, 30 Oct 2009 11:00:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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