Inside Track-Fuel cell investment boom echoes Web heyday

Global warming was blamed for northern Europe's storms and floods this week and a growing section of the investment community is not arguing.

Published: 01-Nov-2000

LONDON, Nov 1 (Reuters) - Global warming was blamed for northern Europe's storms and floods this week and a growing section of the investment community is not arguing.

Environmental issues and associated technology breakthroughs have created an alternative energy investment sector already worth over $20 billion, according to Bruce Jenkyn-Jones of Impax Capital Corp, an Environmental Technology (ET) fund.

Some $17 billion of this is in listed fuel cell firms, which have enjoyed share price growth of 125-1000 percent over the past 12 months.

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