Nancy asks…
When liberals want to give tax credits to alternative energy companies aren’t they being hypocritical?
I thought all big business was evil in the eyes of liberals, unless of course they stand to profit from it.
The Expert answers:
To them it’s only hypocritical if it doesn’t follow their own agenda. Just wait and see though….. Right now they’re applauding T.Boone Pickens, a multi-billionaire who will make mega profits on wind power since he has a vested interest. How long will it be before they demand 99% of his profits because he’s ‘unfair’?
Betty asks…
good to invest in alternative energy companies?
if so, what are some good ones?
The Expert answers:
The answer has a few facets:
— In the long run I’m sure that alternative energy technologies are sound investment candidates. There is no doubt that the developed world wants to move away from a reliance on petroleum, for both national security and environmental reasons. Furthermore, demand for energy will certainly rise as China and emerging market economies continue their rapid growth.
— But whether these companies and technologies are good investments right now is a more speculative question. Without even doing any specific research, I suspect that I’d find that solar companies have been doing very well recently. Does that mean they might be due for a short-term correction? Perhaps. That adds risk to your idea. And if you’re thinking about solar, you should understand the dynamic going on right now with Chinese solar companies compared to US companies. The Chinese government is providing huge subsidies to their manufacturers, giving those companies a major advantage over US manufacturers and pushing the US companies out of market share. There has been meaningful news coverage on this — do a Google news search on solar, Chinese solar and brush up on the topic.
— You also have the question of which alternativer energy technologies will prevail over the long-run? Solar? Wind? Fuel-cell? Bio?
Lots to think about. Long run ideas? Yes. A need to diversify across companies and technologies? Yes. Must understand the recent performance and leaders? Yes.
You got a lot of homework to do.
Good luck.
Richard asks…
why does the left accuse evil money grubbing companies of keeping alternative energy down?
if alternative energy was really as profitable as the left says wouldn’t those evil companies who only care about profit already be investing in it?
your question- companies expand into other areas all the time.
The Expert answers:
The US government has pumped hundreds of billions into green energy over the last 40 years.
Today, after all that, what do we have to show for it? Alternative energy produces less than 2% of American power as measured by BTUs.
Liberals are the dumbest people alive. Even when we pay them, they fail.
Ken asks…
if obama wins what will be the best alternative feul energy companies to invest in?
even if he doesn’t win what are the best companies to invest in?if possible give me a list from 1-10
The Expert answers:
FSLR (solar), CLNE (natural gas), Vestas (wind), GE (wind), CPST (wind), OPTT (wave), geothermal (no company i have researched) —NOTE: Stocks are at extremely low levels…if you want a speculative play such as this…the prices are currently attractive…but always account for a new bottom of the market by scaling in your investment.
I don’t particularly believe in any specific biofuel company because I do not feel the technology will develop fully. Ethanol will have a similar fate.
If you have heard of T. Boone Pickens, I believe he owns shares of CLNE. But he has realized a loss thus far.
Until their is a fuel cell able to fully power a vehicle/hydrogen cars I do not believe we as Americans will switch from Oil. Especially at the current prices of crude. I do believe it will be much more likely we change our current infrastructure to provide more renewable sources of fuel for electricity rather than cars. Therefore reducing dependence on foreign oil. Only using oil in the future to power cars. See Picken’s Plan.
If you have any good ones let me know.
Just my opinion from following “green” stocks for the past 6 months.
Carol asks…
Are there any companies that specialize in alternative energy design?
I am looking to see if there are any companies that design renewable/alternative energy products for home or commercial use that are aesthetically pleasing. Have any names?
The Expert answers:
Can you be more specific?
There are ways to hide solar panels so they look like a nice high end metal roof.
Is that what you mean?
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