Reliance’s Strategy in Shale Gas makes a lot of sense.The Technology is but new and unproven on a long time scale.There have been concerns about the environment impact of Shale Gas Extraction.Also low Gas Prices due to the GFC has made the industry growth slowdown.This is a good time to buy Shale Gas Assets relatively cheaply as Economic Recovery will again see Fossil Fuel Prices heading up.
The Green Indices have sharply underperformed the broad market due to a combination of several factors.These are High Competition in Solar Energy,Declining Demand in Wind Energy,Lack of Global Agreement on Climate Change and Slow Growth of Smart Grid Technologies.With developed governments facing pressure to cut fiscal deficits,green investments are also expected to get hit from government stimulus plans.However India and China are the two bright spots in an otherwise bleak Green Investing Landscape.Both countries have a Prodigious Energy Demand which is still growing at a rapid clip.Despite their reliance on Coal and other Fossil Fuel forms,both countries realize the need to promote Renewable Energy.
The United Nations is reviewing the Carbon Credit Requests from 5 plants in China and their is a high probability of cancellation of these requests.NGOs and activists have alleged that these HFC plants emit more GreenHouse Gases (GHGs) than is required in the normal function of the plants.This leads to increased revenue from neutralizing these gases defeating the entire purpose of the CDM scheme.Carbon Trading has repeatedly been proved to be an inefficient and ineffective scheme,but its popularity continues to increase around the world.The Scheme is suitable for niche purposes and is totally inadequate as a holistic response to the problem of Climate Change
This Port Stock maybe a good buy for all the India Infrastructural Growth Faithful but not for a value investor.This company still have to prove it can generate earnings on a sustainable basis.While a number of PE players have paid more than the issue price in this company,this still does not justify a buy in my opinion.This company might be a good stock to own in 2-3 years but currently you can avoid this issue.
Bollywood as India’s massive Film Industry is commonly known as,has not been known to bring forth serious issues.While early movies used to dwell on Rural India,the 21st century Indian cinema has decoupled itself from the Indian masses.Most of the movies these days with inane story lines are shot in foreign locales depicting lives of an extreme minority on Indians.Peepli Live is a refreshing exception to this trend.With no famous stars and no “song and dance’ routines around trees,the movie has humourously covered the issues of farmer problems in India.
Renewable Energy Vestas posts surprise loss and cuts outlook – Reuters FuelCell sells 1.4MW fuel cell power plant to G3 Power – Reuters Two China new energy firms eye $2 billion in IPOs– Reuters China state firms dominate solar power tender: paper – Reuters Siemens to Open Wind Turbine Blade Factory in Ontario – CleanEdge […]