Links for Nov 3, 2009

Tuesday, November 3, 2009
Buffett the Empire Builder Buffet it seems is making the calculation that Coal plants are not going away anytime soon - which I agree with but it cannot be a good sign if he is seeing them as a growth industry.

Gore’s Dual Role in Spotlight: Advocate and Investor I have mixed feelings about this. People routinely use political influence to create markets for themselves in unprofitable industries (it is a long list!). But there is nothing inherently wrong about seeing the opportunity to make money and having a skin in the game (money) is a good thing (TM).

Cape Wind: NIMBYism Is Just Part of the Problem Well, people want their cake and eat it too. The article cites multiple interesting technical problems - the size of the turbines required, the platform to hold these, and cabling. But the opportunity exists - stronger and more consistent wind patterns.

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