Just finished watching Obama address from Paris, France, regarding Climate Change, Solar Energy, and other Political happenings around the world. I thought it was very encouraging to hear him point out that over 180 countries recognize the urgency of addressing Climate Change, Global warming, etc. and have congregated in France to find ways to encourage innovation, increase funding, and commit to targets for reducing emissions. In particular he sounded very optimistic about wealthy industrial leaders (such as Bill Gates etc.) worldwide declaring huge injections of their own capital to contain global warming. Additionally, he pointed out that Solar energy is necessary in achieving those goals, and most importantly, he stated that the Solar industry will get continued subsidies for a much larger space of time. Hopefully, we will see these attributes reflecting a much higher level of confidence in the longevity of our solar industry and SUNE also consequently. Good luck to all.
They are raising the tide for the genuine companies to rise along as well. Its a good sign that powerful, wealthy and influential people are sick of government malaise and tom foolery. When many different technologies contribute toward development in specific fields, at some point they are bound to confluence with connected dots. That's when new fields of progress emerge and humanity gains at large. Why would Besos launch a rocket if nobody wishes to ride in it ??!!!!
In A Similar Article From Washington Post :
“President Obama and Microsoft founder Bill Gates are expected to stand with counterparts from more than 20 countries on Monday in announcing the unprecedented efforts, which are aimed at spurring rapid advances in research and development for clean energy, U.S. officials confirmed Sunday.”
“In a separate program heavily backed by Gates, 28 of the world’s wealthiest investors will pool their money to provide early-stage capital for technologies that offer promise in bringing affordable clean energy to billions of people, especially in the developing world.”
“Over the next five years, the 19 participating countries (Mission Innovation Program) will increase their annual spending on basic research and development to $20 billion, up from current levels of about $10 billion.”
“It should send a strong signal to the markets . . . that these countries are committing to going all-in on clean energy,” said Brian Deese, an adviser to Obama on climate and energy issues.”
“In addition to the United States, China and India, the group includes Australia, Brazil, Canada, Chile, Denmark, France, Germany, Indonesia, Japan, South Korea, Mexico, Norway, Saudi Arabia, Sweden, the United Arab Emirates and the United Kingdom.”
“The list of participants includes such U.S. heavyweights as Facebook founder Mark Zuckerberg and Amazon founder and Washington Post owner Jeffrey P. Bezos, as well as major international investors such as China’s Jack Ma, executive chairman of the Alibaba Group, and Britain’s Richard Branson, founder of the Virgin Group.
The group, with a collective net worth of more than $350 billion, will provide capital for early, high-risk research on the most promising technologies, participants said.”
“PARIS: Coinciding with India's move to launch an International Solar Alliance of over 100 sunshine-rich countries, the world's top industrialists including Bill Gates, Mukesh Ambani, Ratan Tata and Jack Ma will on Monday announce the Breakthrough Energy Coalition, an international group of 28 investors to bring companies that have the potential to deliver affordable, reliable and carbon free power from the research lab to the market.”
“Richard Branson of UK's Virgin Group, Mark Zuckerberg of Facebook and Meg Whitman of Hewlett Packard are among industry leaders who will be part of that coalition.”
“Solar energy also is a practical and efficient way to reduce the greenhouse gas emissions. With this in mind, these countries are invited by the objective of significantly augmenting solar power generation in their respective countries with a view to contributing to global, sustainable development.”
“It is expected that the world's industry leaders will double their R&D through the initiative that will expedite energy transition by dramatically speeding up the cycle of innovation.”
“The move is expected to present these nations as an effective group to get finance and technological support from investors for solar energy market.”
From TerraPower's company web site :
"Bill Gates is co-founder of Microsoft, co-chair of the Bill & Melinda Gates Foundation, and founder and chairman of TerraPower.
In 1975, Gates founded Microsoft with Paul Allen, and led the company to become the worldwide leader in business and personal software and services. More than 20 years later, guided by the belief that every life has equal value, Gates and his wife, Melinda, established the Bill & Melinda Gates Foundation. In 2008, Gates transitioned from his daily responsibilities at Microsoft to focus full-time with Melinda on their foundation’s work to reduce hunger and poverty globally, harness advances in science and technology to save lives, and improve education in the U.S.
Since 2006, Gates has also served as chairman of TerraPower, a company he helped launch in 2006 that aims to provide the world with a more affordable, secure and environmentally friendly form of nuclear energy."
"TerraPower® is a nuclear energy technology company based in Bellevue, Washington. At our core, we are working to raise living standards globally. The essential factor? Energy. In 2006, Bill Gates and a group of like-minded visionaries decided that the private sector needed to take action. They believed that business interests could develop a scalable, sustainable, low-carbon and cost-competitive energy source that would allow all nations to quicken their pace of economic development and reduce poverty. TerraPower’s goal is to provide the world with a more affordable, secure and environmentally friendly form of nuclear energy."
Where is SUNE ?
rockwell, thanks for sharing this incredible document. Very true to the title, "Shorting America", it clearly highlights that we have become a nation of betters. We bet on everything, most people unknowingly. The "Uptick Rule" was intended to avoid the raping we experience and its demise has resulted in voluminous betting with our own investments, and without our knowledge. For all one knows, somebody out there may be betting on our house, car, marriage, etc. and making money off our backs. It's as though, the population of devious minds has grown exponentially, and they are hell bent on gambling to make millions without ever working for it or building anything. You know, the worst part of it all is, that the government, SEC, DOJ, etc. are all aware of the happenings, but do nothing about it. I question their integrity when they utter words like "Rule of Law". What has the SEC done to rid people of this evil and stabilize the markets ? Nothing.
I would remind folks here, that in 2008, when the new administration took over, they immediately banned shorting in some of the largest corporations like AIG, FNMA, FMCC etc. because it suited them to protect their own investments in companies they claim to have "bailed out" (fictitiously and disingenuously), under the guise of "taxpayer protection." Their attitude is very reflective of their conduct against investors and shareholders, as though investors are not tax payers. If there was ever a hoodwinking of hard working Americans under any administration, it is the one we have experienced during past 7 years.
When the most powerful nation's president declares openly (paraphrased) " just because something is legal, doesn't mean it's good for the country", one can assign blame at the very top for destroying our way of life. I agree completely with the author about options and recourse available for straightening the current bent of mind, so to speak. Thanks again.
Over the years Bill Gates has emerged more as a philanthropist than as an investor for profit. He is also more of a soft technology guy than a hardware person. I suspect that the word "invest" means more to aid development of the technology than to profit from it. He has since many years been very interested in facilitating development of India as a country (literacy, healthcare, etc.) and has therefore set up a Bill and Malinda Gates Foundation in the country to assist in development funding. He is now planning to set up a $ Billion fund for the development of "Clean Energy."
The New York Times (11/28/2015) reports : "The fund, which one of the people described as the largest such effort in history, is meant to pay for research and development of new clean-energy technologies. It will include contributions from other billionaires and philanthropies, as well as a commitment by the United States and other participating nations to double their budget for clean energy research and development, according to the people with knowledge of the plans, who asked not to be identified because they were not authorized to discuss the fund."
I doubt very much if any of that fund will go toward investing in one company run by the likes of Chatila. But no harm in dreaming greg. As T. E. Lawrence said "All men dream, but not equally. Those who dream by night in the dusty recesses of their minds, wake in the day to find that it was vanity: but the dreamers of the day are dangerous men, for they may act on their dreams with open eyes, to make them possible."
You have got to be more naive than the people you think will believe your story. And BTW, just what makes you "expect a lot of upgrades to come out in the next 2-3 days" ? Been talking to a lot of the media folks as well ?!!!!!
LOL !! Actually, if he shifts into jpd's pad (cardboard covered shopping cart) he can also share amy-hart in the same rent free accommodation too !!!!!!! Hey I'll even throw in Jack Daniels for free just to help out.
Very well said. The word "analyst" is a misnomer. The real term should be "idiots." These guys couldn't tell between a horse's fanny from idiots at the top running companies with investor's money. Nobody should listen to their inconsistent "recommendations".
There was no reference to his original numbers in this particular post hence the confusion.
That's a good question and I don't know if my suspicion is right. But I suspect it was "probably" to keep the margin line alive for urgent future short term draws ?! What do you think ?
"10,000 shares at $3.50 is only $35,000. Then the average price per share is $14" ?????? Really ?????? I'm sure that was merely a fat finger ??!!!!!!
Sure ! So will Brute'. Where's the fattest calf for the sacrifice ? Must be with Calpurnia !!!
Usually fires the right people below. This "shakeup" means nothing. Chatlia is merely CYA mode. The BOD should have fired him instead because he has been the problem all along. The yieldcos don't belong to him but to the shareholders. In effect, what he has done is to become CEO of the entire structure. That tells me that the BOD is also made up of idiots. Good luck fellas.
No matter how many diverse groups, institutions, citizens, senators, insurance groups etc have joined the chorus to take action, it just does not matter to this administration. They just don't give a damn. It is obvious, Obama has decided that this government made quandary will continue until he's out of office. Let the next administration take care of it. Even the courts are deliberately pushing out the timeline to defer judgment against the treasury and the administration, as long as this WH is occupied. The horseplay is to continue.
Thanks dgp for a great clarification. Our politicians and the media have been mistakenly using the expression of hybrids and that often adds to the confusion in reporting. Thanks again.