"Google uses tax-equity financing, a government incentive that allows it to lower its tax obligations by investing in renewable energy. Solar projects can produce returns of 10 percent to 14 percent annually, with about half the profit tied to incentives, according to Paul Maxwell, director in the energy practice at Navigant Consulting in Folsom, California. "
Google has $60B in cash. Why do they need tax breaks to compete against our coal industry???
My guess is the emerging market currency meltdown is not helping any US based exporter. Plus our domestic situation has still not improved despite cold weather and much higher nat gas prices because of our dumb politicians. I see buying opportunity at mid 5s. GLTAL.
Greetings Mr. Stevens. Happy New Year and thanks for being the Ying to those Yangs who think they know it all. I'm buying more ANR if it gets into the 5s again. Have plenty already and looking for more cheap shares. glut sir.
HTF does not care about weather or anything else- just mathematical algorithms. Sad to say but that's the way it is in today's "free market" capitalism.
Until coal cos. start making money again, longs are sitting on dead money. gltal,
"Rice Energy Inc. filed plans for an initial public offering of as much as $800 million of stock, as the exploration and production company aims to raise funds for debt repayments and other purposes. gltal.