Interesting articles on EV, utilities, renewables and their impacts

[AzSun]

Coal Industry

The coal industry survived the Clean Air Act of 1990. Like the auto industry, they will still be around regardless of new emissions standards.

http://www.forbes.com/sites/justingerdes/2012/02/13/cap-and-trade-curbed-acid-rain-7-reasons-why-it-can-do-the-same-for-climate-change/

[Rdjntx]

First you complain that Obama wants to kill utilities, but then you gloat about how much money you've made on utilities stock since he became president. Suffering of cognitive dissonance?

Not really, you can hate the man and his policies but that is a separate pill from investing your money in places that will make you money.

I have a couple thousand shares of FNMA Stock. Obammy and the congress have screwed us over big time. the courts are on a path to strike a blow for us stockholders. I hate the boy and his policies but I plan on making bank from his poor decisions

[JCP]

Perhaps you are the one with your head in the sand.

First you complain that Obama wants to kill utilities, but then you gloat about how much money you've made on utilities stock since he became president. Suffering of cognitive dissonance?

[Sunking]

https:3]Wow!!! That takes stupid to a whole new level. I feel bad for you.

Perhaps you are the one with your head in the sand.

[JCP]

He has a lot to do with it. His 2008 and 2012 campaign promise was to bankrupt electric utilities. He is using the EPA to get his way and put Americans out of work.

Wow!!! That takes stupid to a whole new level. I feel bad for you.

[Sunking]

Anyway, on the demand front, googling around I found this: http://www.eia.gov/forecasts/aeo/MT_electric.cfm Seems to indicate that demand is still growing but a lot slower than it used to. Apparently, the consumption per capita has been stable or decreasing for a while now (http://energyalmanac.ca.gov/electric...ity_sales.html). So, while the article may be exxagerating, the trend seems to be real.

Real to me is stock prices, sales, earnings and dividends. All electric utilities are up big since 2008 of in excess of 100%. Here are the 3 companies stock I own and still buying. Money talks and BS walks.

AEP
NEE
OKE

They all pay around 4% dividend with a nice huge cap gain. What is not to like. If they go down, I buy more.

[Sunking]

How does Obama have anything to do with this?

He has a lot to do with it. His 2008 and 2012 campaign promise was to bankrupt electric utilities. He is using the EPA to get his way and put Americans out of work.

[JCP]

I see a huge flaw in Forbes logic. Forbes is claiming electric use is declining and generation demand is going down. That is completely false. Electric utilities are generating in excess of 90% and still growing. Utilities are desperate to build more generation but federal and some state energy policies make it too expensive and time consuming. So in the mean time utilities are just waiting for the shoe to drop and the long awaited change in POTUS.

True electric utility stocks are falling, but that just them a better buy and higher dividend they pay.

How does Obama have anything to do with this?

Anyway, on the demand front, googling around I found this: http://www.eia.gov/forecasts/aeo/MT_electric.cfm Seems to indicate that demand is still growing but a lot slower than it used to. Apparently, the consumption per capita has been stable or decreasing for a while now (http://energyalmanac.ca.gov/electric...ity_sales.html). So, while the article may be exxagerating, the trend seems to be real.

[Sunking]

I see a huge flaw in Forbes logic. Forbes is claiming electric use is declining and generation demand is going down. That is completely false. Electric utilities are generating in excess of 90% and still growing. Utilities are desperate to build more generation but federal and some state energy policies make it too expensive and time consuming. So in the mean time utilities are just waiting for the shoe to drop and the long awaited change in POTUS.

True electric utility stocks are falling, but that just them a better buy and higher dividend they pay.

[JCP]

http://www.forbes.com/sites/peterdetwiler/2014/08/07/electric-vehicles-could-save-u-s-utilities-from-a-death-spiral/

http://www.economist.com/news/briefing/21587782-europes-electricity-providers-face-existential-threat-how-lose-half-trillion-euros

The economist article has probably been discussed already, but it's new to me!