After 2.5 years of publishing GreenTech Opportunities, we have reluctantly decided to suspend publication. We are hopeful that the publication can be re-initiated in the future. We initiated the publication out of a profound desire to do something tangible in support of a greener energy future.
The declining level of investor interest in the industry has seen the share prices slump, even as companies make significant progress. In due course, there will be a revival of interest in the alternative energy sector.
An initiative such as GreenTech Opportunities has the potential to play a very significant role in the future energy industry. To that end, we welcome expressions of interest from anyone who may want to get involved.
Green Technology Investing
Please see the About Us Update to the left
A Call For Patience Amongst Political Turmoil
Our goal at at GreenTech Opportunities is to present subscribers with stocks that have attractive valuations, The upside of the past few months is that we are now dealing with more attractive valuations across several of the cleantech sectors that we follow. We are also seeing a few glimmers of new political support for increased cleantech investments from various governments. In China, we’ve just seen the first Feed-in Tariff law come into existence, promising solar PV developers 18 US cents per kWh of electricity for installations built by the end of 2011. With China having some of the most ambitious targets in the world for new solar PV installations by 2015, it is good to finally see concrete policies being put into place in that country.
In contrast to China, the federal US government has not moved nearly as aggressively towards facing up to the challenges of being over-leveraged to oil. While most economic commentators tied the 2008 Financial Crisis to subprime mortgages and a massive housing bubble, the reality is that high oil prices also played a significant role in triggering the economic downturn. This is a harsh reality that most politicians in Washington, as well as most economic writers in the mainstream press, continue to be largely ignorant of. Economists such as James Hamilton (University of California, San Diego) have pointed out that: “Something in addition to housing began to drag the economy down over the later period, and all the calculations in the paper support the conclusion that oil prices were an important factor in turning that slowdown into a recession.” While he recently stated that the high oil prices of 2010 and early 2011 would not lead to a new recession, he did write that “they're undoubtedly one contributing factor in the recent weakening.”
It’s clear that the US addiction to oil (and the attendant high prices) is affecting its indebtedness, and therefore the broader economy. However, apart from a few US states (eg. California and Oregon), few politicians at the federal level are willing to wake up to these new challenges and push for a different approach that will move the US off of its current track. With the debt ceiling negotiations now largely settled (thankfully), one hopes that the 2nd half of 2011 will see Washington at least attempt to address the country’s addiction to oil.
Join Peter Cox at the Moneyshow in Vancouver September 19-21, 2011. It will take place at the Vancouver Convention Centre www.moneyshow.com
Join Peter Cox at the Calgary Investment Conference on Saturday April 9, 3:00 PM, Workshop 4. Topic: Green Energy Investing: Profiting from Geothermal, Solar, Wind and Technology
Link here for more details: www.cambridgehouse.com