Comments on: If It’s Clinton Or Obama, These ETFs Might Benefit http://www.etftrends.com/2008/02/funds-that-coul.html Keeping a grip on exchange traded funds (ETFs) Fri, 20 Nov 2009 16:30:37 -0800 http://wordpress.org/?v=2.8.6 hourly 1 By: Steve Orr http://www.etftrends.com/2008/02/funds-that-coul.html/comment-page-1/#comment-754 Steve Orr Sun, 17 Feb 2008 01:50:01 +0000 http://etftrends.com.s14057.gridserver.com/2008/02/if-its-clinton-or-obama-these-etfs-might-benefit.html#comment-754 I think it depends on more whether Congress renews the renewable energy tax credits which are scheduled to automatically expire at the end of 2008. If these tax credits are not renewed then no matter the intention of whoever occipies the White House there will be a significant disincentive for any meaningful continued investment (at least in the nearterm). An added dimension is the growing combination of the instability by numerous oil (and natural gas) producing countries - Iran, Iraq, Venezuela and Nigeria with the fact that numerous nuclear and coal-burning electric generation facilities are located in drought stricken regions. Oil and natural gas are not as cheap nor as reliable as they once were. Water is the same. We all recognize that solar and wind power is both reliable and uses very little water - ideal for dependable electric generation. This would fit in nicely to the plug-in hybrids and hydrogen economies which many have proposed. If Chavez would just stop shipping oil to the US then we would see the price of natural gas and oil go up substantially (the market reacts unfavorably to uncertainty). Alternative energy is a way to decouple economies from these outside influences and a way for local economies to develop new jobs and generate electricity with minimal water requirements. Notice I said nothing about global warming. I think it depends on more whether Congress renews the renewable energy tax credits which are scheduled to automatically expire at the end of 2008. If these tax credits are not renewed then no matter the intention of whoever occipies the White House there will be a significant disincentive for any meaningful continued investment (at least in the nearterm).

An added dimension is the growing combination of the instability by numerous oil (and natural gas) producing countries – Iran, Iraq, Venezuela and Nigeria with the fact that numerous nuclear and coal-burning electric generation facilities are located in drought stricken regions. Oil and natural gas are not as cheap nor as reliable as they once were. Water is the same. We all recognize that solar and wind power is both reliable and uses very little water – ideal for dependable electric generation. This would fit in nicely to the plug-in hybrids and hydrogen economies which many have proposed.

If Chavez would just stop shipping oil to the US then we would see the price of natural gas and oil go up substantially (the market reacts unfavorably to uncertainty). Alternative energy is a way to decouple economies from these outside influences and a way for local economies to develop new jobs and generate electricity with minimal water requirements.

Notice I said nothing about global warming.

]]>