Cleantech Report: Recycling Industry Offers Recession Proof Investing.
PR Newswire Europe, April, 2008
NEW YORK, April 1 /PRNewswire/ --
Between record high oil prices, the volatile stock market and a recession, it's a tough time to be an investor. But there's a little known bright spot on the market that actually benefits from high oil prices -- the Recycling Industry.
In fact, the Recycling Industry offers investors one of the few ways to profit during the current recession, according to a report released by Progressive Investor, "Investing in Recycling."
"Ever escalating energy prices, commodity price inflation and scarcity, and global environmental concerns have coalesced into a "perfect storm" for the industry," says Eric Prouty, Senior Energy Analyst, Cannacord Adams.
Many people aren't aware of the central role the...
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