ZENITH International Journal of Business Economics & Management Research
  • Year: 2014
  • Volume: 4
  • Issue: 4

Economic issues of rare earth material and clean energy industries

  • Author:
  • Nand Kishor Soni
  • Total Page Count: 6
  • Page Number: 54 to 59

Research Scholar, Department of Economics, Barkat Ullah University, Bhopal, Madhya Pradesh.

Online published on 13 August, 2014.

Abstract

Present paper deals with study on Earth material creates clean energy in economic & financial Issues. Rare Earth Materials (REMs) prices have experienced a strong increase, due to geopolitical policies and sustainability issues. Provided that these materials at risk of supply disruptions are largely employed in the development of new technologies-such as clean energy industries-financial markets may already have included these concerns into clean energy companies’ evaluation. Results show that during period of price increase there is a negative relation between REMs price changes and the stock market performance of clean energy indexes, specifically wind. The European clean energy index is also negatively affected and this may be relevant to policy makers considering that Europe is putting in place some relevant policy actions to support the development of the clean energy industry.

Keywords

Clean energy, Rare earth materials, Stock prices, REMs