The election of Barack Obama as president is essentially a vote for green energy over fossil fuels, says Andy Obermueller. Even though oil prices have fallen, wind power is a renewable energy source with a big global future. And investors should move quickly to make big profits when the government pumps money into the industry.

This from Smart Profits Report:

The winds of change are coming…

Not only does that include Barack Obama taking office in a little under two months time, it could also include a natural energy resource receiving an increasing amount of attention.

Last year was a breakthrough year for the U.S. wind industry, with total wind-power capacity rising by 45%. That accounted for 30% of all new power production.

And if you think wind made impressive advances when an oilman was in the White House, just wait until President Barack Obama takes office.

During the presidential election, Obama made renewable and alternative

...

Fortress Investment Group LLCFortress Investment Group LLC - Hedge FundThe following piece on Fortress is being published as part of our daily effort to track hedge fund events in the industry. To review other hedge fund related announcements please see our Hedge Fund Tracker Tool.___________________________________

Fortress Investment Group LLC, the manager of $18 billion in hedge funds, will open a fund to invest in the Middle East and North Africa as countries in the region seek to reduce their dependence on the oil industry.The Fortress MENA Fund LP will be managed by Philippe Peress and is set to begin trading by the end of September, according to marketing documents, which didn't say how much money the company is seeking to ...

Non-G7 markets, agricultural chemicals and a focus on key customers and new products will drive growth for DuPont Co. (DD). Strong performance in the agricultural products market, emerging markets, pricing actions, favorable currency and productivity is likely to outweigh increasing costs as well as weak auto and housing markets. The company is focusing on nearly doubling its earnings growth rate.

However, slowing demand in U.S. markets is likely to offset growth in the agriculture market. DD expects second half 2008 earnings per share to be lower than the last year due to higher energy and ingredient costs, lower demand in developed markets, lower income from asset sales and a higher effective tax rate. This compels us to rate the stock a Hold with a target of $41.50.

Due to an exceptionally strong North American agriculture market, Pioneer Hi-Bred, DuPont’s advanced plant genetics business is poised for large revenue gains. DuPont expects

...

Non-G7 markets, agricultural chemicals and a focus on key customers and new products will drive growth for DuPont Co. (DD). Strong performance in the agricultural products market, emerging markets, pricing actions, favorable currency and productivity is likely to outweigh increasing costs as well as weak auto and housing markets. The company is focusing on nearly doubling its earnings growth rate.

However, slowing demand in U.S. markets is likely to offset growth in the agriculture market. DD expects second half 2008 earnings per share to be lower than the last year due to higher energy and ingredient costs, lower demand in developed markets, lower income from asset sales and a higher effective tax rate. This compels us to rate the stock a Hold with a target of $41.50.

Due to an exceptionally strong North American agriculture market, Pioneer Hi-Bred, DuPont’s advanced plant genetics business is poised for large revenue gains. DuPont expects

...