In a must-read story – Deutsche Bank’s Asset Manager head warned that US is missing out on an “industrial revolution in the energy industry,” Kevin Parker told Reuters that he is focusing billions in investment money on Chinese and European companies. Heads up, everyone who plans to listen to my webinar on companies that could see 100% stock-price gains. There’ll be more than one non-US firm in the mix.
Deutsche Bank: US Completely Missing the ‘Industrial Revolution’ in Energy
| August 16, 2010 | Posted by BillPaul under Renewables - Business |
Guess How Much $$ Is Being Spent on Renewable Power
| August 4, 2010 | Posted by BillPaul under Renewables - Science |
According to the publication Energy Intelligence Finance, $150 billion per year is being spent globally on renewable power. That’s a stunning figure and it shows that, even with last year’s cap-and-trade capitulation in Washington, green energy is thriving. Of course, if you’re an American, you have to be concerned, because so much of that money is being spent OUTSIDE the U.S., and thus America is losing out on millions of permanent new jobs are being lost.
Why I Wouldn't Buy Tesla
| June 30, 2010 | Posted by BillPaul under Electric Vehicles |
Tesla, the electric sports-car manufacturer, had a very successful IPO yesterday and today the stock continues to rise. Personally, I wouldn’t go near it. Battery technology still has a long way to go. When it does get there –probably in 3-4 years time — people will want “quick charge” capability, something their local electric utilitiy may not be able to provide. Again, just my opinion, but better to avoid a hyped-up company like Tesla and buy into the companies that must and rebuild the world’s high-voltage grid infrastructure, firms like Siemens, ABB and MYR Group.
Why the Lights Could Go Out All Across America
| June 8, 2010 | Posted by BillPaul under Renewables - Business |
Last week I warned about the danger of not anticipating the “what ifs” of energy, specifically, what if there is a deepwater drilling disaster in the Gulf of Mexico. Here’s a “what if” for electricity that should be keeping everyone up at night. What if there’s even a minor accident at nuclear power plant? In wake of Gulf oil spill, every one of the US’s 100+ commercial reactors would be have to be inspected, which likely would reveal brittle fracture and other problems brought on by age that Washington has been trying to avoid dealing with because the US has no substitute for nuclear power. Perhaps as many as 5 or 10 plants might have to be shut down for safety reasons, some maybe permanently, creating a power crisis.
CNBC Carrying Warning about BP's Future
| June 7, 2010 | Posted by BillPaul under Renewables - Business |
When the mainstream financial media start running stories warning about “the end” of BP, it’s the final nail in the coffin. Gonna say it one last time: BP files for court protection against its creditors by Labor Day, leaving US taxpayers to pick up the multi-billion-dollar clean-up and damages tab.
BP Effectively Says Its Dividend is at Risk
| June 4, 2010 | Posted by BillPaul under Renewables - Business |
Following up on yesterday’s post about how investors should be prepared for BP to file for bankruptcy, the company’s CEO this morning reportedly said it’s “hard to speculate” on future dividend policy. That’s tantamount to BP’s saying it will reduce or eliminate its dividend. I’ll say it again: look for BP to file for court protection before the end of summer.
Investors Should Assume BP Bankruptcy Will Happen
| June 3, 2010 | Posted by BillPaul under Renewables - Business |
The reason why the BP Gulf oil spill occurred was that nobody thought it would occur. Nobody asked the “What if . . . ” question.
Investors should not make the same mistake. With estimates of BP’s financial liability rising by the minute, at the very least investors should expect BP to suspend dividend payments. More than that, investors should be prepared for BP’s lawyers to walk into a friendly Texas courtroom sometime this summer and get a judge to grant them court protection against legal claims. Technically it will be a bankruptcy filing, although Americans will gnash their teeth at how BP continues to operate normally.
When the filing occurs, the whole market likely will take a tumble. A lot of other “What if . . . ” questions may be asked that destabilize markets for several months. I’ll try to ask a few of those “What if . . .” questions in my next few postings.
First Gulf Oil Spill, Next Canadian Tar Sands?
| May 25, 2010 | Posted by BillPaul under Renewables - Business |
As public anger over the Gulf oil spill mounts, a new report from CERA finds that the U.S.’s single biggest source of imported oil in 2010 will be Canadian tar sands oil. Tar sands oil production causes truly horrible pollution. Could this be the start of a genuine environmental revolution in the U.S.?
National Research Council: Known Energy Technologies Not Good Enough
| May 22, 2010 | Posted by BillPaul under Renewables - Business |
The prestigious National Research Council, in laying out a roadmap for carbon reduction, has concluded that known technologies won’t be enough to save planet’s atmosphere. This should keep every investor looking over the horizon for the next potential breakthrough. No company is too small to be overlooked in investors’ search for returns of 100% and more. I predict there are going to many firms that double and triple in stock price in coming months and years.
Smart Meters and Social Networks
| May 8, 2010 | Posted by BillPaul under Renewables - Business |
Finland reportedly is undertaking a project that will link people’s smart meters with their smart phones. People will be able to save energy and money just by touching their phone screens, which will signal their home meters to, for example, raise or lower the thermostat. People also will be able to share the green power they generate onsite with their neighbors. Just imagine how much faster the world will embrace clean energy if and when young people use their smart phones to encourage their friends to go green.
