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Tom Joad

07/01/17 10:24 AM

#527 RE: x1power #526

re: Federal government policy verses local government and the market.

People that run for president will try to do what they say they will do. In this case, coal, oil, and gas are favored. There's some state and many local governments fighting the Trump administration's policies on global warming and renewable's by initiating their own policies. When there are many un-coordinated initiatives on renewable energy it's much harder to gauge renewable energy company's outcomes, and the risk we're exposed to on the market. That Sunpower is a global concern with backing by Total is reassuring, still, there's our policies. We've handed renewable energy initiative to China and Europe with our latest policies.

Meanwhile, some have been writing positive statements about President Trump's statements about border wall solar when instead everyone should be watching the administrations actions and policy enactments. Most disturbing was Travis Hoium of Motley Fool as that organization has some credibility for a sizable population of investors. It's good to put these events in perspective. Two to three hundred thousand homes fed by solar is dwarfed by a nationwide, Manhattan Project style initiative on carbon emissions. The later is closer to what we had with the incentives for renewable energy and disincentive for fossil fuel.

If one wants good long view or near long view investment advice, go to Valueline. If you can't afford it, got to a library that has a subscription. Motley has some excellent advice, but one should always remember that the investor takes all of the risks so follow up with deeper research.

Tesla leaving the Trump round table doesn't surprise me. Musk has vision that Trump doesn't understand. That's frustrating beyond anyone's skill with words to describe.

A primer on Musk vision