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Technology Stocks : Worldwater Corp

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To: Rock_nj who wrote (319)2/24/2007 11:51:00 AM
From: Sam Citron   of 384
 
Couldn't agree more.

The weird thing is the pricing of this energy. A KW is a KW whether it comes from filthy coal or from clean renewable solar.
It's just that the externalities of dirty energy sources are not priced in. The issue is whether and how soon carbon trading [CT] gets us there. I personally don't think CT is the complete answer and the planet and time horizons of most investors are running out of time...

Basic problem is that at today's costs of a solar system, there's still simply no private economic incentive for me to install solar panels on my roof. Obviously this equation needs to change.

We've got to internalize the externalities. This is a messy process if the grid is in private hands, a regulatory nightmare.

But the technology keeps getting better even though solar has to pass that very high threshold here in US where clean energy subsidies are much less than in Europe. These concentrators will not be cheap although the technology is promising.

Investors appetite for these investments is another matter. So far ecoimagination has not been very profitable for investors. Just look at GE still languishing in the mid 30s. WWAT is the opposite of GE and has been a roller coaster.

I am not sure which is worse for an investor. ;-)

Sam
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