redqid

Cadmium Telluride Casts Shadow on First Solar

Hey Mark. Interesting post. I just found out on another site about the cadmium in FSLR products.

I think the company is disingenuous to talk about recycling this toxic mining waste. You could say the same thing about lead from zinc mines being used in auto batteries. That would make Exide a major green company. Just a stupid statement.

I would be curious how much they are setting aside per panel to recycle these panels 20-30 years into the future. My guess is that it is a tiny amount and they are counting on the insurance company to grow the fund over the years. My guess is they will be out of business before then.

With a PE of 122 for 2008 earnings, it is just a short squeeze at the moment. When VMW hit $125, the longs were congratulating themselves and of course VMW was going to $200. This one will fall also.