Praxair (PX): The 'race' for carbon capture

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.

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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.

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