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Re: THE Alternative Energy (general) Thread pt 3(merged)

Unread postPosted: Mon 13 Nov 2017, 06:56:11
by baha
There is so much could'a, would'a, should'a in that article is has no meaning. The FF industry is the last people who have a clue about an energy transition. Their first and worst assumption is continued BAU.

In order for them to enter the alt industry they need to think like a startup...They would have to dedicate huge amounts of capital and give zero dividends until they have a decent foothold. It just ain't gonna happen. Their shareholders won't allow it.

I strongly feel there will be so many curve balls thrown at us in the next 20 years, any 20 year projection is useless...The FF industry needs to do what they do for as long as they can and let people with vision worry about the future.

Re: THE Alternative Energy (general) Thread pt 3(merged)

Unread postPosted: Mon 13 Nov 2017, 20:13:05
by baha
baha wrote:They would have to dedicate huge amounts of capital and give zero dividends until they have a decent foothold. It just ain't gonna happen. Their shareholders won't allow it.


OK, There you go. No sooner said than done.

GE announced today they will half their dividends and reallocate capital. Including a major investment in wind energy and batteries. It seems the new CEO may actually have vision. But the shareholders are not happy.

Here is a stodgy old company that just happens to be in the right industry...Electricity...If they can trim the fat and re-focus their efforts they may survive. And I may invest...