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

To: Jacob Snyder who wrote (9636)	12/30/2010 11:07:08 PM
From: Sam	Respond to of 16955

Yup. But look at all the "renegotiated" contracts for polysilicon over the past few years. Companies made long term contracts for poly back in 2007-08 when supply was very, very tight, then when new supply came on-line and prices plummeted, many of the older contracts were basically just voided. Ostensibly by joint agreement, but I'm sure the buyers went to the vendors and said, this is ridiculous, I can buy poly now for a third or even a quarter of what this contract says, what can we do here? A lot of very strange things have happened over the past 3-5 years. A whole, whole lotta strange stuff. In banks. In alternative energy. In traditional energy. In the "staid" (lol) real estate mortgage market. In weather. In government. These, unhappily, are interesting times. And I'm afraid that they are just going to get even more interesting in the coming years and even decades.