Originally Posted by
Columbia
Agreed, Sat. Assuming it is speculation which drives prices higher and you are able to curb trading in the US. Most traders would trade in other world markets. Heck, Goldman makes most of its Money overseas anyway.
As far as green subsidies to corporate America, it's a scam. The govt gives billions to GE for its green energy products. What percentage of energy demand can be supplied by a bunch of windmills?
Funny you should ask. In the Northwest they have too much energy and are shutting down the windmills. The windmill operators are upset, not at the lost production, but at the lost government subsidies for producing something no one wants, or needs.
http://www.oregonlive.com/environmen...stratio_2.html
We NEED a better power grid & infrastructure (which Enron famously figured out by taking even a small bit of it off line the resulting collapse allowed them to sell power at emergency rates).
In other odd news, Bonneville Power can't just spill the water over the dams because the resulting oxygen level changes negatively effect the creatures that live in the river.
Meanwhile, Atlanta's starting the August smog in May. Wouldn't bother me to see something replace some of our coal plants around the State of Georgia.
Anyone got any good AE rumors. If this going to be an advancement, or displacement, bid?