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Non-Tech : Kirk's Market Thoughts

COHR 185.66

+5.7%

Dec 19 3:59 PM EST

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To: Kirk © who wrote (633)	2/7/2014 11:39:08 AM
From: Sam	Read Replies (1) of 26800

The media aren't paying much attention, but in recent weeks Europe has decided to run, not walk, as fast as it can away from the economic menace of green energy.... Why not try a different approach to energy policy? Get rid of all taxpayer subsidies for energy — oil, gas, wind and solar power, biofuels, electric-battery-operated cars and others — and create a true level playing field where every energy source competes on efficiency and cost rather than political/corporate favoritism? It figures that IBD would take the angle that the EU is "running" away from alternative energies. The answer to their question in the second paragraph above is that they aren't "running" away at all, what they are doing is sensible if you believe (as I do) that natural gas is a necessary bridge to a time when the storage problem for solar in particular but alternative energies in general is resolved. It is far better than coal.

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