Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Aggie who wrote (187612)	1/2/2015 10:40:39 AM
From: Elroy Jetson	1 Recommendation Recommended By CommanderCricket Read Replies (1) \| Respond to of 206087

The son of China's leader is the director of renewable energy projects with tremendous state support, simply for air quality problems is not ideology. The last thing China currently needs is a commitment to and unsustainable growth rate accompanied by the credit bubble they're currently trying to stamp down. Russian natural gas flows to China is a big part of their solution going forward. Whether some people like it or not there is a strengthening trend toward low CO2 solutions, the easiest being a conversion from coal to natural gas. The downside to wind turbines and solar is storing excess production, but that problem is being addressed in more ways which can be inventoried accurately. A visit to German, a very wealthy nation, shows how well they are doing in moving their electrical grid to wholly renewable energy by 2025, even at a great cost being the pioneer. BMW, Mercedes and VW introducing exponentially better electric and hybrid cars will be the completion of their strategy, Being the first, Germany's energy transition policy (Energiewende) has been run with public opinion trumping economics, but as they drive down costs and solve vital problem areas, energy transition can be driven in other nations based more on economics. Another big driver of demand destruction in the U.S could be an electrification of rail lines, which is largely completed in Europe. China is determined to bypass many intermediate growth stages our economy went through and leap-frog to newer solutions if for no other reason that economic security. It's akin to cell phones. China and emerging nations simply can't afford to make a massive investment in land-line build-out and simply decided to jump to the newer technology.