Vogtle nuclear plants 3 and 4 are now forecast to cost a total of $34 Billion. $30.34 Billion (USNews and GPB), plus the $3.68 Billion Westinghouse paid to the owners in conjunction with it’s bankruptcy filing (GTTSI), that’s $34.02 Billion, $14 per watt.
Continue reading
On Dec. 21, 2012, I began an experiment in “Sustainable Capitalism” or “Sustainable Finance.” I put $16 Million imaginary dollars in equal imaginary investments in 16 energy companies, $8.0 Million in $1.0 Million investments in eight “Sustainable” energy companies, the other $8.0 Million in $1.0 Million chunks in fossil fuel companies.
As of the close of trading 54 months later,
This excludes the value of dividends and transaction costs, but including the bankruptcy or crash of three companies in the sustainable energy space …
As of the close of trading on June 21, 2017:
At 4 Years, 5 Months:
On Dec. 21, 2012, I put $16 Million imaginary dollars in equal imaginary investments in 16 real energy companies; $8.0 in the Sustainable Energy space and $8.0 in the fossil fuel space. Excluding the value of dividends and transaction costs, but including the bankruptcy or crash of three companies in the sustainable energy space,
As of the close of trading on May 19, 2017:
Energy Portfolios, 4 Years, 4 Months:
On Dec. 21, 2012, I put $16 Million imaginary dollars in equal imaginary investments in 16 real energy companies; $8.0 in the Sustainable Energy space and $8.0 in the fossil fuel space. Excluding the value of dividends and transaction costs, but including the bankruptcy or crash of three companies in the sustainable energy space.
As of the close of trading on April 21, 2017:
On Dec. 21, 2012, I put $16 Million imaginary dollars in equal imaginary investments in 16 real energy companies; $8.0 in the Sustainable Energy space and $8.0 in the fossil fuel space. Excluding the value of dividends and transaction costs, but including the bankruptcy or crash of three companies in the sustainable energy space,
As of the close of trading on March 21, 2017:
As of the close of trading on February 21, 2016:
In Comparison:
As of the close of trading on December 21, 2016:
On Dec. 21, 2012, I imagined $16 Million dollars in equal investments in 16 real energy companies; eight Sustainable Energy companies and eight Fossil Fuel companies. Excluding the value of dividends and transaction costs, but including the bankruptcy or crash of three companies in the sustainable energy space,
As of the close of trading on October 21, 2016:
On Dec. 21, 2012, I imagined $16 Million dollars in equal investments in 16 real energy companies; $1.0 M in each company in each of eight companies in the Sustainable Energy space and $1.0 M each of eight companies in the fossil fuel space. Excluding the value of dividends and transaction costs, but including the bankruptcy or crash of various companies in the sustainable energy space and coal industry.
As of the close of trading on June 21, 2016:
On Dec. 21, 2012, I put $16 Million imaginary dollars in equal imaginary investments in 16 real energy companies; $8.0 in the Sustainable Energy space and $8.0 in the fossil fuel space. Excluding the value of dividends and transaction costs, but including the bankruptcy or crash of three companies in the sustainable energy space, and one company in the fossil fuel space.
The big news this month is the bankruptcy filing of Peabody Coal (Bloomberg, here). Continue reading
On Dec. 21, 2012, drying off from Sandy, after the lights came back on, I put $16 Million imaginary dollars in equal imaginary investments in 16 real energy companies; $1.0 Million in each of eight companies in the Sustainable Energy space and another $1.0 in each of eight companies in the fossil fuel space. Excluding the value of dividends and transaction costs, but including the bankruptcy or crash of three companies in the sustainable energy space,
On Dec. 21, 2012, I put $16 Million imaginary dollars in equal imaginary investments in 16 real energy companies; $8.0 in the Sustainable Energy space and $8.0 in the fossil fuel space. Excluding the value of dividends and transaction costs, but including the bankruptcy or crash of three companies in the sustainable energy space …
Wall St. 1/21/16. On Dec. 21, 2012, I put $16 Million imaginary dollars in equal imaginary investments in 16 real energy companies; $8.0 in the Sustainable Energy space and $8.0 in the fossil fuel space.
Today it is worth an imaginary $23.48 Million because while the Fossil Fuel portfolio dropped 42.8% of it’s total value, the Sustainable Energy portfolio increased 135.6%.
This excludes the value of dividends and transaction costs, but includes the bankruptcy or crash of three companies in the sustainable energy space.
This month’s post was delayed due to preparations for and digging out from Blizzard Jonas.
Airpocalypse Beijing.
副作用可以杀死 Fùzuòyòng kěyǐ shā sǐ Side Effects Can Kill
China, since 1947, has become an economic powerhouse. But back in 2007, National Geographic reported, here, on a World Health Organization, WHO, report, that 656,000 people died in China in 2006 from air pollution. National Geographic also reported that polluted drinking water killed at the rate of 95,000 people per year in China in 2006. In 2012, The Guardian reported, here, that in 2010, 1.2 million people died in China and North Korea from air pollution.
Side Effects can kill. 副作用可以杀死 Fùzuòyòng kěyǐ shā sǐ
On Dec. 21, 2012, I put $16 Million imaginary dollars in equal imaginary investments in 16 real energy companies; $8.0 in the Sustainable Energy space and $8.0 in the fossil fuel space. Excluding the value of dividends and transaction costs, but including the bankruptcy or crash of three companies in the sustainable energy space.
As of the close of trading on December 21, 2015: