Piggybank

Beware of the Solar Stock Fad

I think you need to be an American to say this kind of stuff.

While many of you americans are driving on high oil consuming SUV's and just waste energy as it's no big deal, atleast here in europe were atleast 10 years ahead in saving our energy with all sorts of measures. Someone here mentioned this energy effeciancy, other ligtbulbs and that kind of stuff. Well i can simply say to them, it doesn't work like that over here in Europe.

Were 10 years ahead in energy saving, but living in brussels i have this very keen sense that the EU will actually expand subsidies to renewables, having read article's from top euro politicians here who all seem to hammer on solar/wind, and who all hate biofuels for the rediculous pricesurge it creates in food and such.

And it's perfectly reasonable from an EU perspective, way to many euro's flow out from the Euro zone to oil producers. And we have emmerging markets to compete with i general economics. If the EU wants to survive as an economic powerhouse in the future then it has to remain on the edge of many technoligies, and alternative energy is one of those technoligy's were were doing quite well in. It's creating jobs for us, we can make an export product of it, it lowers our energy bill, win win win situation. European wind energy is miles ahead of the rest of the world, we have all the top wind turbine manufacturers.

And it's quite simple to piont out that Europe is the largest market for all renewables, Germany on top. In fact America's own solar company's have ther majority sales in Europe. And if europe increases renewables funding then yioure point vanishes into the drain.

it only shows that Americans don't take their energy problems to serious. How else could they have lagged just so far behind Europe. The posters article here just shows that sentiment.

And to US politics. No renewal of renewables funding? Go for it! by 2020 Europe and china will dominate the renwables market. Heck youre own wind farmers aleady buy European turbine's. Keep fooling on!