Environment: The Journal Report

Yesterday's Wall Street Journal added a supplement called "Environment: The Journal Report." Since the Journal has yet to follow the New York Times' lead and offer online content for free, here is a quick summary of the front page article "Handicapping the Environmental Gold Rush" by Jeffrey Ball:

"The green stampede is on," Ball writes. He then names the winners-

GM (GM – Last trade $38.40) – hybrid vehicles
ConocoPhillips (COP – Last trade $83) – brewer of diesel fuel from animal fat
Credit Suisse Group (CS – Last trade $66.24) – "global-warming index" of stocks that might benefit from lower emissions

Waste Management (WMI – Last trade $36.06) – electricity generated from methane

Renewable energy players, such as:
General Electric (GE – Last trade $40.47)
BP (BP – Last trade $77.22)
Royal Dutch Shell (RDS-B – Last trade $87.05)
Iberdrola (IBDSF.PK – Last trade $16.10)
Goldman Sachs Group (GS – Last trade $240.73)

Solar panel makers, such as:
Sharp
Q-Cells (QCE.BE – Last trade $87.59)
Suntech Power (STP – Last trade $59.15)
First Solar (FSLR – Last trade $154.42)

Everyone involved in Nevada's Mojave Desert project at Nellis Air Force base, including:
Municipal Mortgage & Equity – affordable housing developer
Citigroup – equity investor (C – Last trade $41.86)
Allstate Corp. (ALL – Last trade $52.06)
John Hancock Financial Services (Manulife Financial Corp.) (MFC – Last trade $44.78)

Global carbon trade players, such as:
Climate Change Capital
Fortis (FOR.AS – Last trade $21.73)
Barclays (BARC.L – Last trade $595.50)
Dresdner Kleinwort
Citigroup (C – Last trade $41.86)
Goldman Sachs (GS – Last trade $240.05)
J.P. Morgan Chase & Co (JPM – Last trade $46.22)
Lehman Brothers Holdings (LEH – Last trade $61.24)
Merrill Lynch & Co. (MER – Last trade $64.87)

Disclaimer: To my knowledge, I don't own any of these stocks, but I once interviewed at Citigroup.