energy sources
At the top of my list of dropped stocks today you'd expect the banks. But what comes next...what, would you guess, is the biggest loser outside of the banking industry in my portfolio.
Is it the big corporations like GE who have a huge hand in banking and financing? The luxury stocks like Apple who sell expensive items that might be less appealing in a recession? No and No. It's the solar stocks.
Why? Why on earth would a crisis in the financial sector kill these renewable energy stocks.
For some reason, this month seems to be Hawaii's turn with energy news. Earlier this month, Hawaii's Governor signed a bill requiring all new homes to be equipped with solar water heaters, and the city of Honolulu is installing a system to use sea-water and deep-ocean temperature for cooling downtown buildings. But there's still more.
IBM is collaborating with Tokyo Ohka Kogyo to develop thin-film techniques that promise to make the next generation of photovoltaic devices more affordable as well as easier to install.
The companies plan to jointly develop the processes, materials and equipment needed to make highly efficient solar-cell modules based on an exotic compound known as Copper-Indium-Gallium-Selenide (CIGS).
Solar power for the masses.
That's the rallying cry for a group of students at MIT who are working on a cheap prototype for a concentrated solar power system, utilizing already mass-produced materials and simplified assembly procedures.
Solar power for the masses.
That's the rallying cry for a group of students at MIT who are working on a cheap prototype for a concentrated solar power system, utilizing already mass-produced materials and simplified assembly procedures.
This story is crossposted from our friends at envirowonk.com
How much would it cost, really, to take on global warming? The strongest and angriest debate against capping emissions comes from industry, saying that ANY system would severely slow the American economy, and hinting that we might never recover from such a shock.
This story is crossposted from our friends at envirowonk.com
How much would it cost, really, to take on global warming. The strongest and angriest debate against capping emissions comes from industry, saying that ANY system would severely slow the American economy, and hinting that we might never recover from such a shock.