Energy Portfolios, 2 years 7 months Sustainable Energy Up 121%, Fossil Fuel DOWN 24%

PLPort.1507On 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.

  • The Fossil Fuel portfolio is now worth $6.09 Million, down 23.93%.
  • The Sustainable Energy portfolio is now worth $17.64 Million, up 120.54%.
  • Both Fossil Fuel and Sustainable Energy are down slightly in the last month.
  • The Dow Jones Industrial Average is up 37.6%, from 13,091 on 12/21/12 to close at 18,016 on 7/21/15.
  • The S&P 500 is up 47.6%, from 1,430 to close at 2,110 on 7/21/15.

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Greece, Antiquities and a Far Out Way Out

Elgin Marbles in the British Museum

The National Debt of Greece, according to National Debt Clocks . Org, here, as of Thursday, July 10, 2015, 10:45 PM EST, was $380 Billion USD and 345 Billion Euros.

A lot of money, but only $32k EU per person, only slightly higher than the typical American college student’s debt. (US News reported, here, “69 percent [of 2013 graduates] left school with an average of $28,400 in student loan debt.”)

But back to Greece …

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Deepwater Horizon may cost BP $53.8 Billion – 43.1% of it’s current value

Image of the fire from the oil spill

Deepwater Horizon Spill in 2010. Photo: Gerald Herbert, AP.

11 Crew were lost in the explosion and fire on the Deepwater Horizon rig on April 20, 2010. In addition, roughly 5.2 million barrels of oil poured into the Gulf of Mexico during the 87 days between April 20, 2010 when the explosion occurred and July 15, 2010 when the well was capped.

BP, found guilty of “Gross Negligence” and “Willful Misconduct” in the Deepwater Horizon oil spill, (BBC, EcoWatch), has agreed to pay $18.7 Billion over the next 15 years (BP Press Release, Reuters) to settle various claims with the United States, the states of Florida, Alabama, Mississippi, Louisiana and Texas, and others.  This amounts to 14.8% of BP’s current market capitalization.

Pursuant to the agreements, BP will pay $1.1 Billion per year over the next 15 years. While the $18.7 Billion amounts to 14.8% of BP’s current market capitalization of $125.59 Billion, the $1.1 Billion per year is only a loss of 0.88% of BP’s current market capitalization each year.

However,

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Energy Portfolios, 2 1/2 years Sustainable Energy Up 128%, Fossil Fuel DOWN 18.2%

PLPort.2015.6.21On 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,

  • The Fossil Fuel portfolio is now worth $6.54 Million, down 18.24%.
  • The Sustainable Energy portfolio is now worth $18.259 Million, up 128.24%.
  • The Dow Jones Industrial Average is up 37.6%, from 13,091 on 12/21/12 to 18,061 on 6/20/15.
  • The S&P 500 is up 47.55%, from 1,430 to 2,110.
  • The Energy Portfolios and the Indices are down in the last month.

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Energy Portfolios, 2 years 5 Months: Sustainable Energy Up 137%, Fossil Fuel DOWN 13.7%

PLPort.1505On 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.

  • The Fossil Fuel portfolio is now worth $6.95 Million, down 13.1%.
  • The Sustainable Energy portfolio is now worth $18.98 Million, up 137.3%.
  • Both Fossil Fuel and Sustainable Energy are down slightly in the last month.
  • The Dow Jones Industrial Average is up 39.7%, from 13,091 on 12/21/12 to close at 18,286 on 5/21/15.
  • The S&P 500 is up 49%, from 1,430 to 2,131.

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Energy Portfolios, 2 years 4 Months: Sustainable Energy up 138%, Fossil Fuel DOWN 12%

PLPort.2015.4.21

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,

  • The Fossil Fuel portfolio is now worth $7.0 Million, down 12.1%.
  • The Sustainable Energy portfolio is now worth $19.0 Million, up 138.1%.
  • The Dow Jones Industrial Average is up 37.1%, from 13,091 to 17,950.
  • The S&P 500 is up 46.6%, from 1,430 to 2,097.

The conclusion appears to be that sustainable energy is as good for the portfolio as it is for the planet.

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Energy Portfolios, 2 Years 3 Months: Sustainable Energy: UP 128%, Fossil Fuels: DOWN 16%

PLPort.2015.3.21

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. The pattern, clear by March, 2013, is the Sustainable Energy Space is outperforming and the Fossil Fuel space is underperforming the indices.

Excluding the value of dividends and transaction costs,

  • The Fossil Fuel portfolio is now worth $6.7 Million, down 16.07%.
  • The Sustainable Energy portfolio is now worth $18.2 Million, up 127.62%.
  • The Dow Jones Industrial Average is up 38.47%, from 13,091 on 12/21/12 to 18,209 on 3/20/15
  • The S&P 500 is up 47.42%, from 1,430 to 2,108.

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Energy Portfolios, 2 years 2 Months: Sustainable Energy up 109%, Fossil Fuel DOWN 11.8%

PopLogPort.150221
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,

  • Fossil Fuel portfolio: from $8.0 M to $7.06 Million, down 11.76%.
  • Sustainable Energy portfolio: from $8.0 M to $16.73 Million, up 109.18%.
  • Dow Jones Industrial Average: from 13,091 to 18,140, up 34.15 %,
  • The S&P 500: from 1,430 to 2,110,  up 42.10%.

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If Not Vaccines, What Triggers Autism?

Humphrey Bogart and Ingrid Bergman in Casablanca, 1943

Humphrey Bogart as Rick and Ingrid Bergman as Ilsa in Casablanca, 1942

“Of all the gin joints in all the towns in all the world, she walks into mine” – “Casablanca.

Once rare, the incidence of Autism has increased exponentially from less than 0.02% of boys to 2.38%.

Before the MMR Vaccine: 400 to 500 died each year as Millions contracted the disease. Due to widespread administration of the vaccine, the incidence of Measles dropped to 37 reported cases in 2004.  But because people believe (falsely) that the MMR vaccine triggers Autism, they stopped immunizing their children. There were 644 cases of Measles in 2014.

If the MMR Vaccine does not trigger Autism, what does?  Glyphosate? Possibly. And what’s Glyphosate? The active ingredient in Monsanto’s Roundup.

This is a story of unintended consequences.

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Energy Portfolios, 2 years 1 Month: Sustainable Energy up 85%, Fossil Fuel DOWN 14.6%

PLPort.2015.1.21

On Dec. 21, 2012, drying off from Hurricane Sandy, I put $16 Million imaginary dollars in equal imaginary investments in 16 real energy companies; Eight in the Sustainable Energy space and eight in the fossil fuel space.

  • The Dow Jones Industrial Average is up 34.15 % from 12/21/12 to 1/21/15
  • The S&P 500 is up 42.10%.
  • The Fossil Fuel Portfolio has dropped 14.55%.
  • The Sustainable Energy portfolio is up 85.09%.

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Energy Portfolios, 24 Months: Sustainable Energy up 91%, Fossil Fuel DOWN 10%

PLEP_M24On Dec. 21, 2012, I put $16 Million imaginary dollars in equal imaginary investments in 16 real energy companies; Eight in the Sustainable Energy spaces and eight in the fossil fuels spaces. The results:

  • The Dow Jones Industrial Average is up 36.2 % from 12/21/12 to 12/19/14.
  • The S&P 500 is up 44.8% from 12/21/12.
  • The Fossil Fuel Portfolio has dropped 10.00%.
  • The Sustainable Energy portfolio is up 91.34% from Dec. 21, 2012 but down from August, 2014.

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The War on Coal or War for our Grandchildren and our Biosphere?

Earth from Space. Courtesy NASA & the American Taxpayer

Earth from Space. Courtesy NASA & the American Taxpayer

Coral Davenport, in the New York Times, writes (here),

“President Obama could leave office with the most aggressive, far-reaching environmental legacy of any occupant of the White House. Yet it is very possible that not a single major environmental law will have passed during his two terms in Washington.

“Instead, Mr. Obama has turned to the vast reach of the Clean Air Act of 1970, which some legal experts call the most powerful environmental law in the world. Faced with a Congress that has shut down his attempts to push through an environmental agenda, Mr. Obama is using the authority of the act passed at the birth of the environmental movement to issue a series of landmark regulations on air pollution, from soot to smog, to mercury and planet-warming carbon dioxide.”

The coal industry skels from both parties consider this a “War on Coal.” Environmentalists could argue that it is a war for our grandchildren, a war for the biosphere, and even a war for a competitive 21st Century economy. Political hyperbole aside, it seems that any “War on Coal” is being waged by the methane and fracking industries, OPEC, and the “Invisible Hand” of the marketplace, not the President of the United States and the United States Environmental Protection Agency, EPA.

Energy Portfolios, 23 Months: Sustainable Energy DOUBLED, Fossil Fuels DOWN (slightly)

PLPort.2014.11.21On Dec. 21, 2012, I put $16 Million imaginary dollars in equal imaginary investments in 16 real energy companies; Eight in the Sustainable Energy space and eight in the fossil fuel space. At the close of trading, Nov. 21, 2014, that would be worth $24.3 Million and all of the increase is in the sustainable energy portfolio.

  • The Dow Jones Industrial Average is up 36.05 % from 12/21/12 to 11/21/14.
  • The S&P 500 is up 44.34% from 12/21/12.
  • The Fossil Fuel Portfolio has DROPPED 0.02%.
  • The Sustainable Energy portfolio is up 105.99% from Dec. 21, 2012 but down from August, 2014.

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Energy Portfolios: 22 Months: Sustainable Energy Up But Dropping

PLPort.2014.10.21

On Dec. 21, 2012, I put $16 Million imaginary dollars in equal imaginary investments in 16 real energy companies; Eight in the Sustainable Energy space and eight in the fossil fuel space. Between December 21, 2012 and October 21, 2014

By 10/15/14, GT Advanced Tech had filed for bankruptcy protection, and other stocks in the portfolio dropped to points near their Dec. 2012. The portfolio as a whole dropped 55% from Sept. 19, 2014. Stay tuned, and keep your seat belt on. Continue reading →

Ft. Calhoun Plant – Reopened After 2 Years, 8 Months and Over $970 Million

Fort Calhoun plant, seen from above.

Ft Calhoun Plant – Arial View

The Fort Calhoun nuclear plant reopened in December, 2013. The plant, on the west bank of the Missouri River about 20 miles north of Omaha, Nebraska, closed for refueling in April, 2011, and was flooded in June, 2011. Refueling a nuclear plant typically takes about 6 – 12 weeks. Due to the flooding, the Fort Calhoun plant was closed for 970 days, from April, 2011 until December, 2013. (NY Times / Associated Press, here). Back in June, 2011, the cost estimate by David Lochbaum, Union of Concerned Scientists, was roughly $970 Million in lost revenue, plus the costs of repairs. Continue reading →