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Non-Tech : Alternative energy -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (7881)4/19/2010 2:40:58 PM
From: Jacob Snyder1 Recommendation  Read Replies (1) | Respond to of 16955
 
re: OT content:

Energy is among the most heavily regulated industries, and alt-energy companies are totally dependent on government subsidies, and will be until manufacturing costs per watt drop a lot further. So, it is on-topic to discuss government policy, as it relates to alt-energy.

What is needed in the U.S., is the kind of LT commitment (emphasis on LT, meaning support cannot depend on a particular political party, or a particular administration) seen in Germany for solar, Denmark for wind, Brazil for sugar cane ethanol, and China for solar and wind. Alt-energy is capital-intensive, so private investors need to have some security, that policy won't radically change, from the time they commit their money, to the time they are making profits on their investment. The problem in the U.S., is that nobody pays any attention to anything except today's crisis. Tomorrow, there will be another crisis, and today's crisis is forgotten, till it recurs. This pattern, with regard to energy policy, has repeated since the 1970s.

disclosure: FSLR: shorted today at 131, will short more at 140. Probably cover at 100. FAN: will sell some at 14, add to my position at 12.