Who can blame the Solar and Wind Energy companies. Their stock prices are at all-time high’s and everyone (Wallstreet, Politicians (at least they say they do) and the average Joe) loves them. Everytime you think they are too expensive they keep proving you wrong and keep making new highs.
Of course they are going to take [...]
China is about to take over the top spot in world as far as emitting greenhouse gases is concerned. It is estimated that China will take over the top spot either by end of this year or by 2008.
According to the latest statistics, China’s consumption of fossil fuels rose in 2006 by 9.3 [...]
My first day back from vacation and the market takes its biggest hit in six years. Some of my high fliers such as Suntech Power (NYSE: STP) and FuelTech (Nasdaq: FTEK) have taken a big time beating. Suntech Power has gotten the worst of it being a Chinese company. What this downturn has done is made [...]
Key highlights:
Crude Oil ended the week up 6.50% after similar gains last week.
First Solar Inc. (Nasdaq: FSLR) ended the week up 7% despite declining by 4.5% on Friday. I shorted First Solar in the low 30’s and think the stock is overprices. However, I am very nervous about First Solar. Estate of John T. Walton owns about 82% of the company and [...]
Last January, I wrote an article on this very subject about how President Bush will focus on Alternative Energy and Nuclear Energy in his 2006 State of the Union Address. President Bush did touch on Alternative Energy and America’s addiction to Oil and gave his support for Ethanol. Unless you had been hiding under [...]
Knowledge@Wharton has an excellent article on the growing pollution problem in China. There is also a recent report that China is failing to meet its environment targets. The media is picking up on this and I think Beijing will do everything it can do before the Olympics to fix it. Let me summarize the key points of [...]
