Monthly Archives: July 2011

Can CA go green? Show me the money!


Can Green play on the same field as oil, coal, and nuclear? Green needs same backing as oil, coal, and nuclear (think Manhattan Project support) to play with others.

NEWS (July 26, 2011 | Molly Peterson | KPCC): Governor Jerry Brown has convened a couple of hundred solar developers, economists, politicians and policymakers at UCLA to sort out a strategy toward placing more solar panels on California rooftops.

As he campaigned for governor last year, Brown announced a goal to put 20,000 megawatts of solar power – enough to power millions of homes – on the grid within nine years. About 60 percent of that, he said, should come from what utility pros call distributed generation – very local renewable energy – most commonly, solar panels. These could be placed on houses or parking lots.

READ MORE: http://www.scpr.org/news/2011/07/26/27872/brown-calls-more-investment-renewable-energy/

JD’s VIEW: Oil, Coal, and Nuclear has had government poor billion into its development. Tax breaks are one thing, but we do not think all the others areas of government support. For example, governments are responsible in most cases for billions of dollars of funding to building the ports, ship yards, and other expenses around oil tankers. Show us the money for solar or wind to have fair playing field. For green companies to have same value and success of other companies, the government must better support the industry (libertarian/fair markets = fail).

OTHER LINKS:

JD Morris on LinkedIn: http://www.linkedin.com/in/jdmorris

Sell Your Company on Facebook: http://www.facebook.com/SellYourCompany

Investor Network on Facebook: http://www.facebook.com/InvestorNetwork

Leave a comment

Filed under Random Musing

It is expensive to be crazy! Stop passing SEC laws!


RED TAPE POSTING:

AP NEWS: http://www.google.com/hostednews/ap/article/ALeqM5g3lddqn_2DuKqTspUu4W26Yu1uAw?docId=a1bc0e6c9cd44696a3db916c0360cac6

WASHINGTON (JULY 22, 2011) A federal appeals court has struck down a rule adopted last year by the Securities and Exchange Commission that gave shareholders more power to nominate board directors.

The US Court of Appeals for the District of Columbia Circuit said the SEC was “arbitrary and capricious’’ in implementing the rule, which was widely supported by investor advocates.

Judge Douglas Ginsburg said the SEC failed to estimate the cost to companies to campaign against investors’ nominations.

The US Chamber of Commerce and the Business Roundtable, a trade group of chief executives for the nation’s largest companies, had challenged the rule, which was mandated under the financial overhaul passed by Congress last year.

A spokesman said the SEC is reviewing the decision.

OTHER LINKS ON THIS NEWS:
Bloomburg http://www.bloomberg.com/news/2011-07-22/appeals-court-rejects-sec-proxy-access-rules-chamber-of-commerce-opposed.html
PENSION & INVESTMENTS: http://www.pionline.com/article/20110722/REG/110729959
MARKET WATCH: http://www.marketwatch.com/story/appeals-court-rejects-sec-shareholder-power-rule-2011-07-22-1144270?pagenumber=2

TOP RED TAPE CARTOONS (VOTE BELOW)

Vote best cartoon

Vote for best cartoon

Red Tape Congress

BEST RED TAPE CARTOON (PLEASE VOTE)

JD MORRIS LINKS:

JD Morris on LinkedIn: http://www.linkedin.com/in/jdmorris

Sell Your Company on Facebook: http://www.facebook.com/SellYourCompany

Investor Network on Facebook: http://www.facebook.com/InvestorNetwork

Investor Network on LinkedIn: http://www.linkedin.com/groupRegistration?gid=53760

Sell Your Company on LinkedIn: http://www.linkedin.com/groupRegistration?gid=2593533

Leave a comment

Filed under Cartoons by JD Morris, Investor Network, News of the Day, Random Musing

Solar & Wind green with envy of Oil?


Green with Envy!

July 19 (Bloomberg) — Wind-power companies want to follow KKR & Co. and Blackstone Group LP in tapping a Reagan-era tax break for oil and gas companies when U.S. renewable energy tax credits start expiring at the end of this year.

Developers of wind farms and solar power plants have begun lobbying for legislation that would let them form master limited partnerships, a financial structure used by pipeline operators, drillers and mine operators, as well as private- equity companies such as KKR and Blackstone. The publicly traded equities, valued at more than $230 billion at the end of last year, pay no corporate taxes, passing tax liability directly to investors.

Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2011/07/19/bloomberg1376-LOMXK60UQVI901-1Q0MUIBI21QJT4CRIPG708V6S0.DTL#ixzz1Shew1WB0

JD MORRIS LINKS:

JD Morris on LinkedIn: http://www.linkedin.com/in/jdmorris

Sell Your Company on Facebook: http://www.facebook.com/SellYourCompany

Investor Network on Facebook: http://www.facebook.com/InvestorNetwork

Investor Network on LinkedIn: http://www.linkedin.com/groupRegistration?gid=53760

Sell Your Company on LinkedIn: http://www.linkedin.com/groupRegistration?gid=2593533

Leave a comment

Filed under News of the Day

Why did KKR invest in Solar Deal?


Please comment on your view of the deal. My view was KKR was shark on the deal and acquired assets at great price.

From FT.com at: http://www.ft.com/cms/s/0/b8161c02-b157-11e0-9444-00144feab49a.html

Kohlberg Kravis Roberts has teamed up with German insurance company Munich Re to acquire a stake in 42 solar power plants in Spain and Italy, underlining how some of the larger private equity groups are rushing into Europe’s renewable energy sector. The US private equity group said it had sided with Munich Re to buy a 49 per cent share in southern European photovoltaic power plants owned by Grupo T-Solar, one of the world’s biggest producers of such power by installed capacity. More at: http://www.ft.com/cms/s/0/b8161c02-b157-11e0-9444-00144feab49a.html#ixzz1SZhgIyrZ

Leave a comment

Filed under Leverage Buyout (& Management Buyout), News of the Day, Sell Your Company

Congress cutting the green a good idea?


But programs like the one that helped Solar Trust and other companies building solar arrays across the Southern California deserts are likely to end soon.

http://www.mydesert.com/article/20110704/NEWS0301/107040324/D-C-lawmakers-seek-end-solar-nbsp-grants?odyssey=tab|topnews|text|Frontpage

CARTOON OF THE DAY:

Cartoon posted on Facebook:

http://www.facebook.com/CartoonsbyJD

LINKS FOR JD:

JD Morris ( http://www.linkedin.com/in/jdmorris )
Sell Your Company ( http://www.facebook.com/SellYourCompany )
InvestorNetwork ( http://www.facebook.com/InvestorNetwork )
Investor Network ( http://www.linkedin.com/groupRegistration?gid=53760 )
Sell Your Company ( http://www.linkedin.com/groupRegistration?gid=2593533 )

Leave a comment

Filed under Uncategorized