SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (43119)12/12/2003 5:32:24 PM
From: Cogito Ergo Sum  Read Replies (2) | Respond to of 74559
 
While looking for a coal laggard I recently read where Console was lagging. A recent analyst report mentioned (somewhere on these boards but I lost the link) Console as a laggard. This is a pretty simple chart interesting compared against Fording Coal Trust.
ichart.yahoo.com

1)Is Consul really under valued ?
2)Is Fording really over valued ? (I thought so)
3)Are they both fair value ?
4)are they both over valued ?
5)none of the above



To: TobagoJack who wrote (43119)12/12/2003 7:23:08 PM
From: elmatador  Respond to of 74559
 
Power generators:
Commission drive aims to secure energy supply and avoid big blackouts
By Tobias Buck in Brussels
Financial Times; Dec 11, 2003


In an attempt to prevent a repeat of the huge power blackouts that plunged millions of Europeans into darkness this year, the European Union yesterday unveiled an ambitious drive to boost the region's security of energy supply.

Under plans drawn up by Loyola de Palacio, the European commissioner for energy, member states would be granted powers to force energy suppliers to invest in generation capacity and transmission infrastructure. Failure to comply with targets set by national regulators could lead to financial penalties.

The energy package, which requires approval by the European parliament and EU member states, also sets energy saving targets for the region. Member states would have to cut overall energy use by 1 per cent every year between 2006 and 2012, while public-sector energy use would have to be reduced by 1.5 per cent annually.

The proposals reflect long-standing Commission concerns about the security of Europe's energy supply. Although some EU member states have recently seen a sharp fall in energy prices as a result of oversupply, countries such as Italy are forced to import a significant share of power from neighbouring states.

Brussels also fears that a large number of power stations will be shut down in the near future, leading to a more general shortage of generation capacity.

Experts have repeatedly identified weaknesses in Europe's transmission infrastructure, with particular problems in cross-border networks. The power failure in September that left almost all Italy's 57m inhabitants without electricity was largely blamed on the inadequacy of the cross-border power links to Switzerland.

Despite an attempt to please environmental groups by stressing the importance of energy savings and renewable energies, the package won little applause from the Green lobby. Mark Johnston, a campaigner for Friends of the Earth Europe, said: "Palacio is living in the past. She has learnt little from progressive policies being pursued elsewhere. If these plans go through, it will be a victory for the big, expensive and ugly over the small, efficient and beautiful."

Energy companies are equally unenthusiastic. In a statement released this week, the Union of the Electricity Industry (Eurelectric) warned against "overregulation" and "undue market interference".



To: TobagoJack who wrote (43119)12/18/2003 5:23:06 PM
From: RealMuLan  Read Replies (2) | Respond to of 74559
 
>>(b) they believe RMB will rise against USD at some point.<<

A friend of mine in Shanghai told me that now on black market in Shanghai, US$1 can only exchange for 6 Yuan, although official rate is still 1:8.27 (for people with valid passport). I remembered back in 1993, both official and black market exchange rate was 1:6



To: TobagoJack who wrote (43119)1/6/2004 8:37:39 AM
From: Snowshoe  Read Replies (1) | Respond to of 74559
 
China ... will phase out its coal export program and become a coal importing country;

Jay, how much do you want? Alaska has millions of tons of sub-bituminous coal for sale... usibelli.com

Of course, I would much rather see you installing wind farms instead. Much cleaner than all that nasty coal smoke Mq is complaining about.