Deckelnick and Dziuk (2009) proved a stability bound for a continuous-in-time semidiscrete parametric finite element approximation of Willmore flow/elastic flow of closed curves in R, d ≥ 2. We extend these ideas in considering an alternative finite element approximation of the same flow that retains some of the features of the formulations in Barrett, Garcke, and Nürnberg (2007b, 2008b, 2010b)...