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


To: Eric who wrote (9407)11/24/2010 7:20:05 PM
From: Jacob Snyder  Read Replies (2) | Respond to of 16955
 
Unfortunately, I see a way out for China, other than wind and solar. Today, a vast amount of natgas is flared off, because it can't be moved to market. China can extend natgas pipelines from its western border, through Kazakhstan, and eventually to Iran and Iraq, which have huge unused natgas reserves. Alternately, they can do a LNG build-out. As long as low natgas prices continue, I'm skeptical of any longterm uptrend in solar or wind stocks. That's one reason I've been selling the rallies.