In honor of Earth Day I thought I would write a post about a green stock. My definition of a green stock is a company that is developing green technology that will allow us to live more sustainable lives. It is important for me to note right now 1) I currently own the stock I am writing about 2) I have absolutely no training as a stock broker or financial advisor so before you invest anyof your own money in the company I talk about here do your own research and make your decisions appropriately and 3) You should always do alot of research before you invest in the stock market.
First Solar Inc. (NASDAQ: FSLR)
Corporate mission: To create enduring value by enabling a world powered by clean, affordable solar electricity.
Information: First Solar was formed in 1999 and launched production of commercial products in 2002 and has achieved the lowest manufacturing cost per watt in the industry, $.98/watt for the fourth quarter of 2008, breaking the $1 per watt price barrier. First Solar is the largest manufacturer of thin film solar modules, having expanded manufacturing capacity to an expected 735 MW in 2008; and with additional plants under construction, First Solar will bring total expected capacity to more than 1 GW by the end of 2009.
Stock Information: Currently, trading at the lower to middle end of the 52 week spectrum. They were able to get through the begining of the horrible stock market decline by actually gaining at times and then not losing as much as the market.
Other News: First Solar Inc announced it would build a solar power plant for Sempra Energy in Nevada that, when completed, will be the largest photovoltaic power plant in North America.
if you cannot make your kid a PBJ you probably should not have kids… Ok off my soapbox, sorry.
Thoughts for Earth Day
April 22, 2009 · Filed under Uncategorized · Tagged alternative vehicles, blogging, bottled water, coal, Commentary, community, Earth Day, EPA, global warming, green, green house gases, living, news, oil prices, power, wind
As we start to celebrate Earth Day, here is a short list of good and bad things that are happening for the environment. This is the first of a few posts today in celebration of Earth Day.
Good
More people are employed by the wind power industry than coal mines- Definitely a shift in the right direction!
EPA targets green house gases- The EPA is finally taking a real look at how we can reduce our green house gases.
Bottled water sales decreasing- Since only about 25 years ago people used to just drink from a water fountain when they were thirsty the waste created from bottled water sales has had a huge impact on society. Now, maybe because of the economy, sales are on the decline. People need to start bringing their tap water in a water bottle with them rather than purchasing their water.
Bad
Still no wind power off the coast of US- Alot of states are talking about, acting like they are getting close…etc. but currently there are no actually wind turbines off the coast of the US.
People still drive huge cars and good alternative vehicles are not available for sale.
Oil prices went down, good because of the economy, but bad for the environment… people were really looking at their oil consumption when the price was almost double what it is now.
I hope you check back through out the day to see what other thoughts, advice, and resources I have for Earth Day.
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