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«Change Can Happen» Obama 08

The new president is the candidate of change, in particular for the energetic issues. The environmental policy announces a real change compared to the Bush administration's one. Barack Obama wants an American green economy where the renewable energies will have an important role to play. According to Paul Tracy, editor of the site "the Street Authority Market Advisor", if Obama wins "this will lead to the most important trigger for renewable energies than ever".

Here are the main measures that the new President wants to implement:

• Ensure 10% of electricity will come from renewable sources by 2012, and 25% by 2025 (against 3% today)
• A plan of $ 150 billions over the next ten years to promote renewable energies
• The creation of 5 millions green jobs should help the policy of economic revival
• Within 10 years save more oil than the United States currently imports from the Middle East and Venezuela combined (a decrease of more than 35%)
• Put one million Hybrid cars on the road by 2015 (against 400 000 today)
• Implement an economy-wide cap and trade program to reduce green house gas emission by 80% till 2050
• The 5 years extension of the Production Tax Credit which will offer high visibility to the wind power sector (against one year today)

These measurements confirm the political willingness to sustain and to find solutions for the urgent situation: secure our vital needs. This message is even more meaningful as it comes from the 1st economic power which hasn't signed the Kyoto protocol yet and which refused to measure environmental objectives. A "Green New Deal" could combine economy and ecology. A new system must be implemented, one which respects the needs of today's generation without harming the needs of tomorrow: a "sustainable" growth.

Apart from the possible « green rush », we hope that this American policy will help to create a global environmental policy and will enable to gather the last unconvinced persons for the same objective: the necessity to take into account the cost of the Environment in our economies.

«Do yourself the change you want to see in the world» Gandhi

We congragulate Barack Obama for his election as the new President of the United States and especially for his environmental will.

Some examples of stocks in which we invest in Performance Environnement and Performance Environnement International and which should benefit from this election: Iberdrola Renovables, EDP Renovaveis SA, EDF EN, Plambeck, FPL, First Solar, SunPower and American Superconductor Corp.