Monday, June 25, 2007

Thoughts on Solar Industry Risk.

It seems to me that the greatest risk to the Solar is a concentrated effort by "Big Oil" to bring down prices.

Now, if only the Arabs were in charge, I'd say that the risk would be tremendous, but is Chavez going to support such a move? There's little in it for him, he's building a regional power using today's high prices. I do not believe that Saudi Arabia has the power to do it alone, and can't see Chavez or Ahmadinejad willingly cutting the price, if for no other reason than to give the US Economy a big boost.

Though, Exxon has access to a ton of cash, but they can't do it alone; ok, they could take some of the edge off, but if they lower gas prices, then they are succeptable to the corresponding growth in the political will to add new gas taxes.

I think we're in good shape.

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