Bill Gates and Warren Buffett Just Changed The Future Of Clean Energy Nobody doubts that the age of Big Oil is over. The future belongs to clean energy. But which clean energy has been less clear. Solar took an early lead, thanks to generous tax credits and cheap solar panels from China. Wind power gen has soared on the wings of tax credits and plunging costs, too. Turbine equipment costs are down 40% from just three years ago. But don't assume the race is over. The smart money is backing a different source of clean energy, and it may surprise you to discover which one it is. On June 2, Microsoft founder and mega-investor Bill Gates revealed a project that has been 15 years in the making. In 2006, Gates assembled a world-class team of energy scientists to explore the technologies that will power the future. It was the kind of project you've come to expect from the billionaire tech genius: one of the largest, most in-depth analyses of every energy source and the technologies to harness them. Not just what the technologies are capable of today, but also how they can be innovated and advanced into the future. The shocking conclusion, announced by Bill Gates himself, is that solar and wind power are not the "miracle" solutions that investors and the media make them out to be. In his June 2 announcement, Gates stated that "there is only one carbon-free energy source that can deliver large amounts of power day and night through every season almost everywhere on Earth." Albert Einstein was the first to discover how it could be harnessed. And now Bill Gates says "Einstein's Energy" is going to "be a game-changer for the energy industry," he added. His billionaire buddy Warren Buffett agrees, and is teaming up with Gates to make this Einstein energy technology a driving force in global power generation. They're not the only billionaire backers either. Some of the world's top venture investors are betting that Einstein energy will soon play a much more important role in global power production. And there's one stock with strong growth prospects that is in the business of finding the fuel for this future clean energy generation. Click here to learn more about this fast-developing story. Market Tactic |