FSLR went down drom 300 to 12 based on the fact that solar. . .
I bought in low,
Hopefully, coal does the same.
I'm buying more after Barry's speech.
Hopefully, he drives this stuff down into the single digits.
Significant difference between coal and solar. Solar the new environmentally friendly power. Coal is on life supports. Life supports will keep it going for a while but when laws exist to make it unaffordable to produce the breathing is going to become much more difficult.
"Solyndra, the now-defunct solar company that received $535 million in guaranteed federal loans, reported producing about 12.5 million pounds of hazardous waste, much of it carcinogenic cadmium-contaminated water, which was sent to waste facilities from 2007 through mid-2011"
So solar is going to provide reliable, year round power to infrastructure challenged New York City, wet Washington D.C., stormy Seattle, dreary San Francisco, overcast Boston, depressing Detroit, humid Houston, and ever other large city in these great United States? Where will these solar plantations be built? or these wind farms? How will the alternative electricity be connected to the local power grids, a real expensive proposition, without borrowing even more money from China? We're NOT going to raise taxes on the rich to accomplish this...and the poor are, well, POOR!