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	<title>Contrarian Stock Market Investing News - Featuring Bargain Stocks &#187; Energy Management</title>
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		<title>A Pledge to Hedge: Money Morning’s Fitz-Gerald Makes Public Promise to Slash Private Power Use</title>
		<link>http://www.contrarianprofits.com/articles/a-pledge-to-hedge-money-morning%e2%80%99s-fitz-gerald-makes-public-promise-to-slash-private-power-use/3066</link>
		<comments>http://www.contrarianprofits.com/articles/a-pledge-to-hedge-money-morning%e2%80%99s-fitz-gerald-makes-public-promise-to-slash-private-power-use/3066#comments</comments>
		<pubDate>Mon, 16 Jun 2008 13:36:31 +0000</pubDate>
		<dc:creator>Keith Fitz-Gerald</dc:creator>
				<category><![CDATA[Oil Investment & Alternative Energy]]></category>
		<category><![CDATA[Conservation Technologies]]></category>
		<category><![CDATA[energy]]></category>
		<category><![CDATA[energy conservation]]></category>
		<category><![CDATA[Energy Management]]></category>
		<category><![CDATA[energy prices]]></category>
		<category><![CDATA[oil]]></category>
		<category><![CDATA[US energy consumption]]></category>

		<guid isPermaLink="false">http://www.contrarianprofits.com/articles/a-pledge-to-hedge-money-morning%e2%80%99s-fitz-gerald-makes-public-promise-to-slash-private-power-use/3066</guid>
		<description><![CDATA[<p> As much as I  poke fun at my home state of Oregon (with its decidedly liberal tendencies),  it’s a phenomenal place to live. Not only are the  people spectacular, so is their attitude.</p>
<p>There’s a real “make-a-difference” philosophy at work out here that manifests itself in everything from our laws to our personal behavior. This philosophy fosters a “can-do” attitude that makes us believe that we can do almost anything &#8211; and that includes fighting back against the super-high energy prices that U.S. consumers are struggling with right now.</p>
<p>That’s why my  wife and I are really excited to take on a personal challenge, of sorts.</p>
<p>Over the next 12 months, we’re going to try to shave 25% off our total energy and&#8230;</p>]]></description>
			<content:encoded><![CDATA[<p> As much as I  poke fun at my home state of Oregon (with its decidedly liberal tendencies),  it’s a phenomenal place to live. Not only are the  people spectacular, so is their attitude.</p>
<p>There’s a real “make-a-difference” philosophy at work out here that manifests itself in everything from our laws to our personal behavior. This philosophy fosters a “can-do” attitude that makes us believe that we can do almost anything &#8211; and that includes fighting back against the super-high energy prices that U.S. consumers are struggling with right now.</p>
<p>That’s why my  wife and I are really excited to take on a personal challenge, of sorts.</p>
<p>Over the next 12 months, we’re going to try to shave 25% off our total energy and resources bills. This means that we’re going to make our house more efficient &#8211; and do the same with our cars.</p>
<p>But here’s the  catch.</p>
<p>We’re going to try and achieve this goal with existing technology and, hopefully, without breaking the bank. That’s not because we aren’t seeking the maximum possible savings (we are); instead it’s because we believe we can do better with what we have, and through conservation.</p>
<p>Besides, we want to set an example &#8211; and create an energy-saving road map &#8211; that anyone can follow. We want to demonstrate that you don’t have to spend big bucks to buy the latest gadgets or invest in “bleeding-edge” conservation technologies. Common sense and careful, shrewd energy management can generate major savings in both expenses, and in energy.</p>
<p>This is  something that our federal government just doesn’t seem to understand.</p>
<p>Not only did our federal government sponsor a trillion-dollar energy “pork fest” &#8211; with incentives to find, mine, drill or tap into more energy &#8211; it also mandated all sorts of things along the way. These initiatives are certain to encourage Big Business. But I believe the government would have seen much better results had simply encouraged both consumers and corporations alike to focus on energy conservation.</p>
<p>It gets worse. Now the government has an agriculture bill headed down the pipeline; the legislation looks promising, but by the time it gets through Congress it figures to have gotten so watered down that it will be virtually worthless.</p>
<p>Don’t get me wrong: I’m all for developing new, more efficient technology. Indeed, it’s necessary. But it’s also a long-term process, and what that’s very costly.</p>
<p>We should pursue  that path, of course. But there’s another strategy that we should pursue in the  meantime &#8211; conservation.</p>
<p>So it’s time to  do our part.</p>
<p>Over the next 12 months, I’ll report on my family’s progress, the decisions we’re making and the technologies we’re using (as I said, we support technology-driven energy savings). And we’d like to hear about your efforts, too &#8211; assuming you, too, are interested in saving money and conservation like we are.</p>
<p>Hopefully, we’ll  find methods and materials that we can all use. We’ll definitely let you know.</p>
<p><strong><u>[Editor’s  Note</u></strong><strong>: <a href="http://www.moneymorning.com"  class="alinks_links">Money Morning</a> Investment Director Keith Fitz-Gerald will report back periodically on his domestic-energy conservation efforts.]</strong></p>
<p><a href="http://www.moneymorning.com/2008/06/16/a-pledge-to-hedge-money-morning%e2%80%99s-fitz-gerald-makes-public-promise-to-slash-private-power-use/">Source: A Pledge to Hedge: Money Morning’s Fitz-Gerald Makes Public Promise to Slash Private Power Use</a></p>
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