Red White and Blue – Green Power

There is a tremendous market for photovoltaic modules and wind turbines. Consequently the stock price of companies that make them well are going thru the roof. (Look at Akeena, Evergreen Solar , First Solar, Sun Power, Vestas Wind, World Water and Solar. ) I think these will follow the trajectory of Apple, Compaq, Intel, Microsoft, Sun, etc, (I hope so, because I invested in them, but that’s another story.)

We could buy solar panels made in China, India, Phillipines, Germany, Spain, or – god forbid – the US. The Sierra Club, NJ PIRG , and the Steel Workers want to manufacture turbines and PV Solar mods in New Jersey, which will create 18,600 jobs over the next 10 years. Click here for local news.

The opponents whine that government investment in infrastructure is wasting Tax revenues. I believe that governments, like people, can squander their resources or invest them wisely. For example, the $2.4 Trillion we are “investing” in the war in Iraq could build and install PV Solar modules that produce 1 to 1.5 KW for every man, woman, and child in America. Building and modernizing factories, especially in the nascent clean energy sector is wise and patriotic investment.