As environmental work develops under the Obama Administration traders are watching for what sectors to invest in to catch this development.
Talking heads abound with information about solar, wind, geothermal,natural gas (Pickens Plan) and nuclear.
It's math. Solar, Wind take an incredible amount of capital to develop ENOUGH power to make any changes. They are good, but as economists and environmentalists begin looking at nuclear (and all baby boomers shudder from memory) we'll all begin seeing nuclear can be cheap and produce clean energy.
The area not understood, that is being analyzed, is geothermal energy. To a simpleton like Floyd this means: harnessing the heat of the Earth to produce electricity. These are simple wells drilled into the earth that allow steam to rise to the surface. This spins turbines and it generates electricity.
Right now there are only 50 countries around the world harnessing geothermal energy, although it is rumored that Sarah Palin may be considering producing enough of this gas just from her Twits and You Tube insanity.
Transmission companies like ITC, one of our holdings, will do well with any of these programs.
I firmly believe that environmental energy development will be the next real estate bubble, with insane values being created as the development begins.
Geothermal costs big bucks, but the government believes it's the long range answer, and they are covering 1/3 of the current construction costs through grants.
Talking heads abound with information about solar, wind, geothermal,natural gas (Pickens Plan) and nuclear.
It's math. Solar, Wind take an incredible amount of capital to develop ENOUGH power to make any changes. They are good, but as economists and environmentalists begin looking at nuclear (and all baby boomers shudder from memory) we'll all begin seeing nuclear can be cheap and produce clean energy.
The area not understood, that is being analyzed, is geothermal energy. To a simpleton like Floyd this means: harnessing the heat of the Earth to produce electricity. These are simple wells drilled into the earth that allow steam to rise to the surface. This spins turbines and it generates electricity.
Right now there are only 50 countries around the world harnessing geothermal energy, although it is rumored that Sarah Palin may be considering producing enough of this gas just from her Twits and You Tube insanity.
Transmission companies like ITC, one of our holdings, will do well with any of these programs.
I firmly believe that environmental energy development will be the next real estate bubble, with insane values being created as the development begins.
Geothermal costs big bucks, but the government believes it's the long range answer, and they are covering 1/3 of the current construction costs through grants.
