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Technology Stocks : The *NEW* Frank Coluccio Technology Forum

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To: Frank A. Coluccio who wrote (45683)11/9/2016 12:50:29 AM
From: axial   of 46821
 
Re: How to Raise Trillions for Green Investments

—Was hoping other readers might comment. What's good? It's one of a few articles that goes beyond hand-waving and cheerleading about so-called alt-energy gains in North America. It deals with the large cost of what will be the greatest engineering challenge of our time.

You have to wonder what writers are thinking, as they pen cheerful articles proclaiming progress to an imminent future. Just for a moment, imagine you were Project Manager for this transition. Yes, there's a funding issue -- including cost of capital over decades -- plus technology, entrenched bureaucracies, politics, security, and more. Even if you had the funding and the authority, could you overcome the obstacles?

Your internet comparison is apt -- because we've seen that penetration can become more difficult as time passes. Getting the 'net to all households -- reliably, with sufficient throughput and at reasonable cost -- still eludes us.

Should we imagine it will be easier when we substitute "grid" for "internet"?
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As you note, comments are interesting. I liked this one: "You want money?? I've got plenty of it in useless stocks and bonds paying me nothing !! Give me a 4% federal tax free government backed bond and I'm a buyer all day long."

—Yeah. Sure. Him, plus a thousand pension plans, mutual funds, municipalities and more. Few seem to understand that those days are gone, and why.
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In one respect, Paulson reinforces a previous statement:

"With few national exceptions, tomorrow's alt energy will be driven by today's dominant financial and socioeconomic forces. Balancing forces -- voters, grass-roots opposition, effective regulation, representative legislation -- have lost their power. At best, they will compete with capital and its elites."

Jim
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