GasBuddy News Article

votes

Coal Beats Solar as Analysts Favor Peabody Energy

Business Week -- March 17 (Bloomberg) -- Wall Street’s contribution to the debate on how to curb global warming: Buy coal, sell solar.

Peabody Energy Corp., the biggest coal producer, is rated a “buy” by 79 percent of analysts, while 44 percent recommend First Solar Inc., the largest maker of thin-film solar panels. The Stowe Global Coal index of 38 coal producers has gained 6.5 percent in 2010, and the Bloomberg Global Leaders Solar index of 38 solar module and component makers has dropped 17 percent.

While investors including T. Boone Pickens and Warren Buffett are pushing cash into green technologies, the tilt toward Peabody and away from First Solar is the widest in two years. It reflects a sense that government support for reducing air pollution may be waning, said Kevin Landis,

Read the Full Article

Submitted Mar 18, 2010 By: LetemEatCake

Back To News

Category: Daily News Article Discussions > Topics	Add to favorite topics Post New Topic

Author	Topic: Coal Beats Solar as Analysts Favor Peabody Energy	Post a Reply Back to Topics

REPLIES (newest first)

First Prev

Last

carlsonguitars Champion Author Portland Posts:4,229 Points:699,850 Joined:Jan 2008	Message Posted: Mar 18, 2010 2:46:04 AM Ignore carlsonguitars Report Abuse what?!?!?! Coal freaking sucks!!! Do you know anyone who lives next to a coal power plant?!?! EXACTLY!!! Coal RUINS any possibility for living a HEALTHY LIFE - solar is clean! Figure it out, over the long run solar costs less, pollutes less, and is RENEWABLE... Sure coal is cheap today, but look at the negative economic impact it has on HEALTHCARE!!! Quality of life becomes an oxymoron when coal power plants enter the picture!
ED6 Champion Author Riverside Posts:5,149 Points:1,000,710 Joined:Jul 2007	Message Posted: Mar 18, 2010 2:39:40 AM Ignore ED6 Report Abuse The problem is; I don't have money to buy, my job was outsource to India.
nedthenanite Champion Author Mississippi Posts:4,060 Points:784,310 Joined:May 2008	Message Posted: Mar 18, 2010 2:34:44 AM Ignore nedthenanite Report Abuse Where's my coal car? I even have the perfect name: Coalsmobile. ;) [Edited by: nedthenanite at 3/18/2010 3:35:03 EST]
rightofway673 All-Star Author Phoenix Posts:661 Points:1,571,215 Joined:Sep 2005	Message Posted: Mar 18, 2010 2:23:28 AM Ignore rightofway673 Report Abuse I hear you rippertoo.
Edtx2009 Champion Author Houston Posts:1,301 Points:267,665 Joined:Jun 2009	Message Posted: Mar 18, 2010 2:22:37 AM Ignore Edtx2009 Report Abuse Dirty old coal is beating "green" solar. Unbelievable.
speedys Champion Author Utah Posts:2,101 Points:1,584,070 Joined:Nov 2005	Message Posted: Mar 18, 2010 2:13:04 AM Ignore speedys Report Abuse You said it correctly "michealo".
findcheap Champion Author Los Angeles Posts:4,668 Points:1,034,665 Joined:Apr 2007	Message Posted: Mar 18, 2010 2:11:27 AM Ignore findcheap Report Abuse wall street analysts are routinely wrong, especially the TV ones. witness the big fall in stocks they were recommending right up to the end
EXTREMESNOW Champion Author Medford Posts:4,527 Points:952,760 Joined:Jul 2006	Message Posted: Mar 18, 2010 2:11:02 AM Ignore EXTREMESNOW Report Abuse It is still a fossil fuel. Not renewable.
mickealo Champion Author Spokane Posts:1,471 Points:1,213,370 Joined:Oct 2006	Message Posted: Mar 18, 2010 1:57:10 AM Ignore mickealo Report Abuse we need solar ,wing , water ,coal ,natural gas we need to use what works best in the area that it is being generated
CaliberMan71 Veteran Author Ohio Posts:357 Points:111,060 Joined:Mar 2007	Message Posted: Mar 18, 2010 1:54:05 AM Ignore CaliberMan71 Report Abuse Solar is not a cure all. Combined with other green technologies is the answer.
Nicoalbum All-Star Author Ottawa Posts:998 Points:213,440 Joined:Jan 2010	Message Posted: Mar 18, 2010 1:28:40 AM Ignore Nicoalbum Report Abuse We need to boost more our coal mines.
POLELANE Champion Author Ohio Posts:6,334 Points:721,270 Joined:Mar 2008	Message Posted: Mar 18, 2010 1:26:18 AM Ignore POLELANE Report Abuse we have more coal than sunny weather; so it might work for us here in OH IO
PetroScopper Champion Author Houston Posts:2,203 Points:602,275 Joined:Aug 2008	Message Posted: Mar 18, 2010 1:23:40 AM Ignore PetroScopper Report Abuse I am a fan of Business Week magazine, but this article is not that believable!
visitor_2 All-Star Author Orlando Posts:692 Points:823,725 Joined:Aug 2006	Message Posted: Mar 18, 2010 1:16:23 AM Ignore visitor_2 Report Abuse Analysts, who would have guess
Ltdc Champion Author Long Island Posts:2,387 Points:724,795 Joined:Jul 2007	Message Posted: Mar 18, 2010 1:16:12 AM Ignore Ltdc Report Abuse Investors taking money off the table for solar and viewing coal as a value play.
BobD2009 Champion Author Long Island Posts:1,922 Points:266,610 Joined:Apr 2009	Message Posted: Mar 18, 2010 1:15:58 AM Ignore BobD2009 Report Abuse I believe it as wind is a much better green technology than solar. My backyard lighting is 90% solar and is top of the line quality. I'm disappointed with it as there is often not enough sun to keep the batteries charged up.
nurdco Champion Author Colorado Springs Posts:3,826 Points:718,055 Joined:Apr 2008	Message Posted: Mar 18, 2010 1:14:36 AM Ignore nurdco Report Abuse nobody discuses the peripheral damage of coal...
rippertoo All-Star Author Tacoma Posts:809 Points:168,860 Joined:Jan 2010	Message Posted: Mar 18, 2010 1:13:30 AM Ignore rippertoo Report Abuse Coal? Give me a break!!!
bobdec Champion Author Florida Posts:4,284 Points:839,625 Joined:May 2008	Message Posted: Mar 18, 2010 1:12:46 AM Ignore bobdec Report Abuse Government could care less about air polution, only how they can generate more funds
OHMS Champion Author Orange County Posts:8,105 Points:913,635 Joined:May 2005	Message Posted: Mar 18, 2010 1:12:42 AM Ignore OHMS Report Abuse coal will always win in a free market
cathevan Champion Author Manitoba Posts:2,133 Points:524,025 Joined:May 2007	Message Posted: Mar 18, 2010 1:09:42 AM Ignore cathevan Report Abuse who'd a believed it
EcoVore Champion Author Los Angeles Posts:2,124 Points:330,395 Joined:Jun 2008	Message Posted: Mar 18, 2010 1:09:28 AM Ignore EcoVore Report Abuse Clean coal more reliable than when the sunshines solar.
GMVAN Champion Author Calgary Posts:1,830 Points:429,030 Joined:Apr 2009	Message Posted: Mar 18, 2010 1:08:43 AM Ignore GMVAN Report Abuse I would favor solar power you don`t have to dig a mine to get it.
RENEGADEGAS Champion Author Missouri Posts:7,678 Points:619,180 Joined:Jul 2008	Message Posted: Mar 18, 2010 1:07:47 AM Ignore RENEGADEGAS Report Abuse Coal is much more efficient and a better value for American consumers.
Pozole Champion Author Portland Posts:3,199 Points:621,680 Joined:Mar 2005	Message Posted: Mar 18, 2010 1:05:09 AM Ignore Pozole Report Abuse ...we're done for...go solar ! ! ! ...most reports I hear of wind power is that it's impossible to live near a generator for the noise...
Xpoint Champion Author Idaho Posts:5,330 Points:692,650 Joined:May 2004	Message Posted: Mar 18, 2010 1:04:46 AM Ignore Xpoint Report Abuse BO said no to coal. Makes you wonder.
la90042 Champion Author Los Angeles Posts:2,402 Points:505,405 Joined:Nov 2008	Message Posted: Mar 18, 2010 1:01:29 AM Ignore la90042 Report Abuse need both to reduce use of foreign oil
HA4CNN All-Star Author Toronto Posts:991 Points:596,340 Joined:Dec 2006	Message Posted: Mar 18, 2010 12:58:50 AM Ignore HA4CNN Report Abuse Coal has more energy than anything else on earth.with todays clean burn technology it is the way to go since the world has so much of it. [Edited by: HA4CNN at 3/18/2010 1:59:22 EST]
Saturn93 Champion Author Salt Lake City Posts:4,240 Points:1,014,765 Joined:Oct 2006	Message Posted: Mar 18, 2010 12:54:46 AM Ignore Saturn93 Report Abuse Coal is proven and reliable. Solar, while good when the sun shines, is far less dependable.
hank1326 Champion Author Los Angeles Posts:4,106 Points:773,000 Joined:Jun 2008	Message Posted: Mar 18, 2010 12:53:33 AM Ignore hank1326 Report Abuse Ditto to arinkrat17. Time to focus on cost efficient energy sources.
Gary65 Champion Author Toronto Posts:1,497 Points:467,475 Joined:Jan 2009	Message Posted: Mar 18, 2010 12:51:14 AM Ignore Gary65 Report Abuse Anyone who pays attention to reports from brokerage houses must be crazy. All those reports are self serving.
RENEGADEGAS Champion Author Missouri Posts:7,678 Points:619,180 Joined:Jul 2008	Message Posted: Mar 18, 2010 12:50:53 AM Ignore RENEGADEGAS Report Abuse REVLAW...your right. All of the problems we are seeing and the money that is being wasted is a result of this.
jimgraham Champion Author Akron Posts:5,334 Points:1,007,515 Joined:Oct 2007	Message Posted: Mar 18, 2010 12:49:18 AM Ignore jimgraham Report Abuse It ain't their money they are investing, its the bribes they are taking that they are investing - and not in coal either.
jimgraham Champion Author Akron Posts:5,334 Points:1,007,515 Joined:Oct 2007	Message Posted: Mar 18, 2010 12:48:38 AM Ignore jimgraham Report Abuse it ain't thrir money they are investing, its the bribes they are taking that they are investing - and not in coal either.
JoeKR Champion Author New Jersey Posts:4,987 Points:1,111,190 Joined:Feb 2006	Message Posted: Mar 18, 2010 12:48:33 AM Ignore JoeKR Report Abuse Wall Street's answer to everything is, "if it makes us rich it's good, otherwise let them eat cake".
arinkrat17 Champion Author Twin Cities Posts:1,497 Points:365,540 Joined:Aug 2009	Message Posted: Mar 18, 2010 12:41:03 AM Ignore arinkrat17 Report Abuse there's a price to pay for going green
comprof Champion Author Houston Posts:1,789 Points:391,300 Joined:Jul 2009	Message Posted: Mar 18, 2010 12:38:46 AM Ignore comprof Report Abuse Without coal none of us could afford electricity.
benjy Champion Author Chicago Posts:4,831 Points:894,870 Joined:Nov 2003	Message Posted: Mar 18, 2010 12:31:37 AM Ignore benjy Report Abuse Coal is still the dirt of Energy Power....
NHLiveFree Champion Author New Hampshire Posts:4,009 Points:669,595 Joined:Jun 2008	Message Posted: Mar 18, 2010 12:30:03 AM Ignore NHLiveFree Report Abuse Have a couple more drinks AKsuited29. Hopefully you'll pass out and sleep it off.
ldheinz Champion Author Chicago Posts:11,024 Points:1,437,955 Joined:May 2006	Message Posted: Mar 18, 2010 12:28:09 AM Ignore ldheinz Report Abuse Coal beats solar financially in hard economic times. Coal is a proven, cheap energy source, and solar is an expensive niche market. Wall Street isn't commenting about the environment, they're making money.
ILVET Champion Author Illinois Posts:9,905 Points:1,963,870 Joined:Jan 2005	Message Posted: Mar 18, 2010 12:23:59 AM Ignore ILVET Report Abuse To begin with there is NO global warming
NHLiveFree Champion Author New Hampshire Posts:4,009 Points:669,595 Joined:Jun 2008	Message Posted: Mar 18, 2010 12:21:22 AM Ignore NHLiveFree Report Abuse Just like Big Oil, Wall St. never met a dirty energy source that they didn't love. Who is we Number43? You and the mouse in your pocket. Dirty potty mouth AKsuited29!!! STFU!
grouch311 Champion Author Illinois Posts:4,044 Points:671,305 Joined:Jun 2007	Message Posted: Mar 18, 2010 12:20:49 AM Ignore grouch311 Report Abuse tedjim1: the only green our politicians care about is the folding kind that goes into their pockets or bank accounts
Number43 Champion Author Lexington Posts:3,522 Points:681,150 Joined:Oct 2008	Message Posted: Mar 18, 2010 12:18:07 AM Ignore Number43 Report Abuse Bill Gates is not my idea of a solid citizen. ( more like a greedy left wing wacky who got lucky.)
Number43 Champion Author Lexington Posts:3,522 Points:681,150 Joined:Oct 2008	Message Posted: Mar 18, 2010 12:16:50 AM Ignore Number43 Report Abuse Coal power is cheap and we need something cheap. I like solar but it's way too costly to work in my budget.
REVLAW Champion Author San Antonio Posts:5,429 Points:1,034,065 Joined:Jul 2007	Message Posted: Mar 18, 2010 12:14:48 AM Ignore REVLAW Report Abuse Seems everything is "waning" since Obama took office. What is Bill Gates doing?
DirtDauber Champion Author San Antonio Posts:1,840 Points:654,695 Joined:Nov 2005	Message Posted: Mar 18, 2010 12:14:00 AM Ignore DirtDauber Report Abuse Nothing wrong with coal, well maybe a little.
250FORD Champion Author Minnesota Posts:7,686 Points:1,237,185 Joined:Feb 2007	Message Posted: Mar 18, 2010 12:12:57 AM Ignore 250FORD Report Abuse Why not, its actually cheaper for electric production.
RENEGADEGAS Champion Author Missouri Posts:7,678 Points:619,180 Joined:Jul 2008	Message Posted: Mar 18, 2010 12:09:28 AM Ignore RENEGADEGAS Report Abuse Z51Corvette...I think you make some very good points.
jadeusa Champion Author Dallas Posts:4,286 Points:875,410 Joined:Sep 2005	Message Posted: Mar 18, 2010 12:09:27 AM Ignore jadeusa Report Abuse Although alternative is being preached, many vote with their feet and move away from alternative to proven coal when their money is involved.
pbc2001 Champion Author Dallas Posts:2,311 Points:416,430 Joined:Feb 2009	Message Posted: Mar 18, 2010 12:04:57 AM Ignore pbc2001 Report Abuse Emissions should decrease as technology improves.