George asks…
WHICH alternative energy company did Warren Buffett invest $385M in?
Warren Buffett invested $385M in wind power and Bill Gates has placed millions in fuelcell, both of which are alternative energy sources. Does anyone know WHICH company, stock or shares that these guys have invested? Thanks!
The Expert answers:
Warren Buffett invested in Mid-American. They have some wind power in their portfolio. The company Bill Gates invested in, like everything else he touches these days, failed miserably…
Sandy asks…
Hillary Clinton says she will use excess oil company profits to invest in alternative energy?
The special section notes the Clinton proposal. Stock profits are from private corporations and investors. Would you allow a politician to use your profits for alternative energy development without your knowledge or approval? Could this be a political ploy?
The Expert answers:
Essentially, that makes those companies government companies. She just tryin to get elected by using the evil oil companies as the villain. Sure, they made lots of money this past year. But, what happens if you look at their balance sheet and compare it to other large companies. You can’t just look at the profits. There are expense and cost fluctuations. We already have a process for taking companies money. It’s called taxes. The government can’t just waltz in and say they want more. Smacks of socialism or communism. I’m not gonna start calling people comrade or stand in line for 3 hrs for toilet tissue like in past failed government systems. If she thinks the oil companies broke some laws then she can charge them and possible fine them. She can’t just decide who made to much and what they should do with it. My wife and I already pay a butt-load of taxes. Hilary would have us give all and become a welfare country.
The reason the U.S. Is greatest economic power ever is because of capitalism. You work hard, use your head and you can become very wealthy. You should not be punished for that.
Robert asks…
How many jobs could the U.S. create in 4 years by investing heavily in solar and wind energy alternatives?
The book “Project New America” puts great stock in alternative energy investments for lifting the country out of the recession. Here’s a link if you’d like to review it yourself: http://www.sitenet.com/books/NewAmerica/New%20America%207.pdf. How well do you believe this could work?
The Expert answers:
I would prefer they invest in Nuclear Power. It is more reliable, works in all climate areas, less environmental impact area, and cheaper power.
Nothing wrong with Solar and Wind, they are just not as cost effective and efficient.
Nancy asks…
Most promising rising alternative/renewable energy stock?
I am looking to invest in renewable energy. Solar/wind/tide etc… i was wondering what some of the best options are out there that are going to be rising in the near future. Thanks!
The Expert answers:
I know General Electric (GE) and Siemens (SI) are the biggest manufacturers of wind turbines in the United States.
Solar stocks didn’t perform well in 2008, but keep watching ASTI and TSL. Maybe you’ll be the first to buy them when they go up. TSL went up temporarily after inauguration day (1/30/2009).
Joseph asks…
What is a great carbon emission company to invest in?
I invest through Share Builder. I have Alternative energy stocks and some others. What would be a great small cap carbon emission stock?
The Expert answers:
Dont invest in Evergreen Energy who is in that business or trying to be just in case you run across that name. I am not sure when these companies will start to feel the impact of this.
Dont know any individual companies, sorry
dont use sharebuilder, switch to tradeking. I started with sharebuilder. Tradeking charges 50% less
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