The share price of REH has not had the spike like CNM. I feel that the recent rise in the CNM share price is due to speculators/day traders trading on the news of the ratifying of the Kyoto agreement and the Bali climate conference.
REH is still the better option in my opinion. The structure of REH is similar to that of PHY in 1995 (Jeff Harding is on the REH board).
For the CETO technology to be successful it needs to be able to produce renewable electricity at competitive market prices and hopefully it will not continually require government grants to achieve this.
CNM
carnegie corporation limited
