Canada's alternative energy stocks having a bad summer?

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Canada is a nation blessed with no end of natural resources - both hydrocarbon and renewable. A brief look at the Toronto Stock Exchange has always shown a multitude of mining companies and increasingly, today, alternative energy companies.

But this article "Rough summer for alternative energy stocks" reminds us that not even the best of alternative energy companies are immune to the current market turmoil. Xantrex, is one of Canada's top alt e stocks and they too are struggling, at least on a stock price basis.

I'm not convinced that the correction that is going on worldwide will last much more than a few months. And the drivers for alternative energy; rising global energy demand, environmental concerns, high hydrocarbon prices and volatility and energy security, are not going away any time soon. Some would argue that they may even have only just got started . . .

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