THG, We HAVE TO find some alternative energy stocks. My bet is on
companies of foreign countries that aren't controlled by the oil
companies. Who came out with the first consumer automobile that could
achieve 50 MPG? Japan? Who is a 70 MPG vehicle? Japan.
So check this out: (Who hates the OPEC nations more than anything on
earth? Israel!
>From an e-mail that I received:
As we get deeper into this oil crisis, (and don't let the OPEC
pirates, politicians, and sleazy lobbyists fool you -- their actions
continue to make it a "crisis"), alternative energy sources are becoming
more and more attractive to both consumers and investors.
The latest news in alternative energy is coming from Israel, as
Israel-based Solel Solar Systems announced it just turned on its new
solar-based power source that will now replace 70% of its own electricity
needs.
Solel's 800 square meters of solar panels produces 50 kilowatts of
power for the building's air conditioning system. Once it has absorbed
enough energy, it will also supply heat and general electricity.
Currently Solel's technology can be found producing 350 megawatts
of electricity for 500,000 residents in Southern California. The World
Bank is also considering the power station projects which could be worth
about $200 million in Egypt, India, and Mexico.
What sets Solel's technology apart from previous solar projects is
that it produces electricity on conventional turbines, (which can be used
for nearly 80% of energy needs in large buildings).
Solel currently has orders for systems in Spain, Italy, Australia,
and Greece.
I like green stocks and alternative energy and VR are my picks for the future...
