NewEnergyNews: FORBES EXPERT FORESEES 2008

NewEnergyNews

Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

The challenge now: To make every day Earth Day.

YESTERDAY

  • SoCalEdison’s Newest Plan To Mitigate Wildfires
  • THE DAY BEFORE

  • Weekend Video: New Energy Means New Jobs
  • Weekend Video: Better Communication About The Climate Crisis
  • Weekend Video: VW Affirms Driving Is Ready To Go Electric
  • THE DAY BEFORE THE DAY BEFORE

  • FRIDAY WORLD HEADLINE-The Climate Crisis Is The World’s Biggest Worry – Survey
  • FRIDAY WORLD HEADLINE-Record New Energy Global Growth In 2020
  • THE DAY BEFORE THAT

    THINGS-TO-THINK-ABOUT WEDNESDAY, April 7:

  • TTTA Wednesday-ORIGINAL REPORTING: The Search For A Successor Solar Policy
  • TTTA Wednesday-Local Governments Still Driving New Energy
  • THE LAST DAY UP HERE

  • Monday Study: PG&E’s Plans To Mitigate Wildfires
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    Founding Editor Herman K. Trabish

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    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

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      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

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    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

  • ---------------
  • THINGS-TO-THINK-ABOUT WEDNESDAY, April 14:
  • ORIGINAL REPORTING: The Differences Between Energy Markets
  • Biden Admin To Ensure Jobs Plan Protects Equity – DOE Head

    Monday, December 24, 2007

    FORBES EXPERT FORESEES 2008

    Brian Wingfield on Energy
    December 19, 2007 (Forbes)

    WHO
    Brian Wingfield, journalist and energy markets authority, Forbes and the New York Times

    WHAT
    Wingfield picks his Big Trend, Unconventional Wisdom, Misplaced Assumption, Watch List and Bold Prediction for the year.

    WHEN
    Unconventional Wisdom: Coal is inescapable and, therefore, “clean” coal (carbon-capture-and-sequestration, CCS) technologies will grow. Nuclear will also grow. Federal regulators expect applications for 32 new plants by 2009.

    (What is the price of carbon? (click to enlarge)

    WHERE
    Big Trend: Climate change. With a Democrat expected to win in the White House, a New Energy energy policy will follow. Cap-and-trade will be included, capping emissions and creating a trading scheme. As a result, New Energy will boom.

    You better watch out but go ahead and shout, cap-and-trade is coming to town. (click to enlarge)

    WHY
    - Misplaced Assumption: Ethanol can keep oil prices down. (It can’t.) Expect corn ethanol to drive corn prices up and that will drive other food prices up. Only significant increases in oil supply (not expected) or decreases in oil demand will lower gas prices. High prices could curb demand.
    - Watch List: (1) Energy Future Holdings Corp. is the new face of TXU plus Luminant Energy and it is going into new energy bigtime, just at the right time. (2) PetroChina is China's biggest oil and gas producer and, with China’s voracious energy appetite, a recent drop in stock price after an IPO is not indicative of value. (3) VeraSun Energy just merged with U.S. BioEnergy and will become biggest ethanol producer in the US just when the energy bill incentivizes biofuels.

    But it is not a bubble if rising energy demand matches the rising the market. (click to enlarge)

    QUOTES
    - Bold Prediction: “Green energy is the next Internet bubble. With so much media attention focused on going green, a new crop of companies that provided the latest in energy efficiency and renewable technologies will sprout up, as will companies that sell carbon offset credits. Careless investors will flock to them. The bubble won't pop in 2008, but it will inflate tremendously.”

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