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Full Show 8-18-17 by The Financial Exchange
Tom Standage (The Economist, Electric Cars) by The Financial Exchange
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the process. A123 is not the first government-funded alternative energy company to file for bankruptcy. Ener1, another battery ..... vehicles. And energy-storage company Beacon Power and solar power manufacturer Solyndra filed for bankruptcy last year.
States. The dependence on scarce resources has fostered corrosive politics at home and abroad – and efforts to generate renewable energy have provided few viable alternatives to traditional fuels. For the foreseeable future, fossil fuels will likely continue
T. Boone Pickens, who lost $150 million pushing wind power , explains why it's not a viable energy source. Today, natural gas is $2.50... You can't finance a wind deal unless you have $6 natural gas...
voters accustomed to hearing that which is obviously ridiculous policy. Just watch him yesterday - speaking at a near empty solar power plant (the largest of it's kind in the world) that produces little electricity and employs only 12 people. This is the
Strait of Hormuz - an action that would create a legitimate, worldwide energy crisis. On the other hand, the proposal to tap the strategic reserves conflicts with the Obama goal of raising gas prices to promote alternative energy sources.