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Millionaire Now! by Larry NusbaumThis blog is based on the organizational principles found in my new book, "Millionaire Now! - A Financial Toolbox with Seven Steps to Wealth". |
Alternative Energy and Windmills
Posted on 11/21/2006 00:00 AM | Link | Post Comment
The Economist has a cover story on alternative energy.
Points made:
1. Venture capital investment in alternative energy -- especially solar photovoltaics and windmills -- is exploding. It's the next big thing -- if someone can figure the magic technological bullet that will finally make it economical.
2. Dirty energy is still cheaper.
3. To justify installing solar or windmills you need heavy government incentives.
4. Government incentives are fickle. Here one year, gone the next.
To read the Economist's piece, click here.
Points made:
1. Venture capital investment in alternative energy -- especially solar photovoltaics and windmills -- is exploding. It's the next big thing -- if someone can figure the magic technological bullet that will finally make it economical.
2. Dirty energy is still cheaper.
3. To justify installing solar or windmills you need heavy government incentives.
4. Government incentives are fickle. Here one year, gone the next.
To read the Economist's piece, click here.
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