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Saturday, November 22nd, 2008

Posts Tagged ‘ energy subsidies ’

Asia to Cut Energy Subsidies as Oil Prices Surge

May 23rd, 2008 | By Contrarian Profits | Category: Featured, Financial News

As crude oil prices smash the $135-a-barrel barrier for the first time, Taiwan, Malaysia and Indonesia say they will take action to protect their state-owned oil companies.

“If oil prices keep going up, it is simply not in any country’s best interest to keep subsidizing these prices indefinitely,” says Peter Gastreich, a UBS oil and gas analyst, in the Financial Times.

Tags: , china, China investing, Chinese Government, Crude Oil Prices, Daily Reckoning, Emerging Markets, Energy Companies, Energy Deregulation, Energy Market, Energy Sector, energy subsidies, Fuel Prices, India, oil, Oil Companies, Oil Prices, peak oil, Price Of Oil
Posted in Featured, Financial News | No Comments »

This Solar ETF Is a Great Play on Clean Energy’s Rise

May 23rd, 2008 | By Contrarian Profits | Category: Featured, Financial News

Costs for solar thermal energy will be cheaper than coal as soon as 2020, according to a report from the US Department of Energy, making one solar ETF a great way to profit.

Google, Chevron and Goldman are all betting that this prediction is correct. This from Bloomberg:

Unlike photovoltaic solar panels that convert sunlight to electricity, solar thermal focuses sunrays with mirrors to heat oil in glass pipes to about 700 degrees Fahrenheit (370 degrees Celsius).

Tags: alternative energies, Alternative Energy, Cheap Energy, Chevron Corp, Clean Energy, coal, Conventional Energy, Energy Information Administration, energy subsidies, Esolar, Goldman Sachs, Greenhouse Gas Emissions, Photovoltaic Solar Panels, Solar, Solar Energy, Solar ETF, Solar Power, solar stocks, Solar Thermal Energy, US Energy, wind power
Posted in Featured, Financial News | No Comments »

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