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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (52941)9/3/2004 7:25:37 AM
From: Seeker of Truth  Read Replies (1) | Respond to of 74559
 
Hi Jay,
Of course you know why Vestas stock price is down so far. The Bush administration didn't approve of subsidizing new wind systems. As you know wind doesn't "pay" at least for oil at $40 a Brent gallon. That's because the health cost and the global warming cost are not included in the oil price. I'm all in favour of wind use but the Bushites, reps of the oil industry, are not. You are betting on a change in attitude, all over the world. or else $100 oil, at which point wind should pay off without government subsidy and without a change in attitude.
Chugs,
Malcolm



To: TobagoJack who wrote (52941)9/3/2004 11:40:51 AM
From: pezz  Read Replies (3) | Respond to of 74559
 
No reports these days as I'm staying with the status quo stock wise and searching out a buildable lot in Jackson Hole. Thinking of building a spec house ....maybe even live in it.

As to wind power got some books from Amazon including one on this technology. Also "the Party's Over "oil, war and the fate of industrial societies" Conclusion if you have patience when the oil runs out ,which won't be long, wind will be one of the alternatives the world will be forced into. If I can get an OK I would put up a windmill myself.