Reuters, Tue Nov 4, 2008 3:13pm EST
By Braden Reddall and Nichola Groom – Analysis
SAN FRANCISCO/LOS ANGELES (Reuters) – An anticipated Democratic U.S. election sweep is thrilling solar and wind power investors because that outcome is seen as a big step toward establishing federal requirements for alternative power generation.
Analysts said a national mandate for generating renewable power would be a relatively easy first step in any “green” agenda because dozens of states already have such policies, and the cost to a cash-strapped government would be negligible.