THE interface between alternative – and more 'intelligent' – energy and money is clearly going to provide huge and varied opportunity in the years ahead.
This is already the case with oil at $US64. It would become urgent and indeed spectacular if oil went to $US100. To say nothing, of points higher.
So it was interesting to catch up with one of three guys running a private equity firm focused on high-growth investments in the energy technology sector.
What made it particularly interesting is that the firm -- Angeleno Group -- operates out of Los Angeles. But I caught up with Zeb Rice in Melbourne.
His group seeks to package investments for clients across the energy industry. But focuses on renewables and to making energy 'work better' -- with storage, transmission and intelligent management and so on.
So what's his interest in Australia? At the micro level, the full spectrum of any opportunities.
But at the big picture level, what's happening with renewables, with coal, and with China.
This is underpinned by the sort of start-ups in AG's investment portfolio. A company developing and commercialising emission control for coal-fired plants. A company making photovoltaic plastic-based materials. A technology for powering diesel engines on natural gas.
Greenspan delivers
TALKING of the US, Alan Greenspan delivered on his 10th straight 0.25 per cent rate rise. With more to come.
The gap to our official rate is now down to 2 per cent. With no prospect of a rate rise here any time soon, it should be down to 1.5 per cent or less by Christmas.
That's one 'collision' point. The other is with $US64 oil.
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