{"id":5982,"date":"2013-10-11T08:00:16","date_gmt":"2013-10-11T12:00:16","guid":{"rendered":"http:\/\/www.l-a-k-e.org\/blog\/?p=5982"},"modified":"2013-10-29T05:07:25","modified_gmt":"2013-10-29T09:07:25","slug":"solar-vs-fossil-fuel-stocks","status":"publish","type":"post","link":"http:\/\/www.l-a-k-e.org\/blog\/2013\/10\/solar-vs-fossil-fuel-stocks.html","title":{"rendered":"Solar vs. fossil fuel stocks"},"content":{"rendered":"<p><a href=\"http:\/\/www.flickr.com\/photos\/98706376@N00\/10191122464\/sizes\/z\/\" ><br \/>\n<img decoding=\"async\" style=\"float:right;border:none;\" src=\"http:\/\/farm4.staticflickr.com\/3831\/10191122464_a6dab95a3b_n.jpg\" ><\/a><br \/>\nShould Harvard President Drew Faust<br \/>\n<a href=\"http:\/\/www.l-a-k-e.org\/blog\/2013\/10\/harvard-excuses-for-not-divesting-from-fossil-fuels.html\"><br \/>\nworry that<\/a><br \/>\n&#8220;Significantly constraining investment options risks significantly constraining investment returns&#8221;?<br \/>\nActually, if Harvard has been wasting investments in oil and gas for the<br \/>\npast year, its endowment has lost a bundle.<br \/>\nDitto VSU.<\/p>\n<p>\nLet&#8217;s compare stock performance of<br \/>\n<a href=\"http:\/\/guggenheiminvestments.com\/tan\"><br \/>\nGuggenheim Solar ETF (NYSE:TAN)<\/a><br \/>\nwhich invests in solar stocks with the<br \/>\n<a href=\"http:\/\/www.invescopowershares.com\/products\/overview.aspx?ticker=DBE\"><br \/>\nPowerShares DB Energy Fund (NYSEARCA:DBE)<\/a>,<br \/>\nwhich invests in oil and natural gas companies.<br \/>\nYep, that&#8217;s<br \/>\n<a href=\"https:\/\/www.google.com\/finance?chdnp=1&#038;chdd=1&#038;chds=1&#038;chdv=1&#038;chvs=maximized&#038;chdeh=0&#038;chfdeh=0&#038;chdet=1381435200000&#038;chddm=8211&#038;chls=IntervalBasedLine&#038;cmpto=NYSEARCA:DBE&#038;cmptdms=0&#038;q=NYSEARCA:TAN&#038;ntsp=0&#038;ei=CdBWUtDbOo6UlgPDRA\"><br \/>\n 120% for TAN and 0% for DBE<\/a>:<\/p>\n<p style=\"text-align:center;font-size:80%\">\n<a href=\"http:\/\/www.flickr.com\/photos\/98706376@N00\/10191122464\/sizes\/z\/\" title=\"TAN solar v DBE oil and gas 1 year\"><br \/>\n<img decoding=\"async\" style=\"border:none;\" src=\"http:\/\/farm4.staticflickr.com\/3831\/10191122464_a6dab95a3b_z.jpg\" alt=\"TAN solar v DBE oil and gas 1 year\"><\/a><\/p>\n<p>\nSure, if you go back farther, solar stocks continued to drop after 2009<br \/>\nuntil this year:<!--more--><\/p>\n<p style=\"text-align:center;font-size:80%\">\n<a href=\"http:\/\/www.flickr.com\/photos\/98706376@N00\/10191124644\/sizes\/z\/\" title=\"TAN solar v DBE oil and gas 5 years\"><br \/>\n<img decoding=\"async\" style=\"border:none;\" src=\"http:\/\/farm8.staticflickr.com\/7417\/10191124644_f63a78422b_z.jpg\" alt=\"TAN solar v DBE oil and gas 5 years\"><\/a><\/p>\n<p>\n<a href=\"http:\/\/www.l-a-k-e.org\/blog\/2010\/07\/solar-crosses-nuclear.html\"><br \/>\n<img decoding=\"async\" style=\"float:right;border:none\" src=\"http:\/\/farm5.static.flickr.com\/4130\/4836747095_51036cecc1_o.png\"><\/a><br \/>\nBut that&#8217;s the point.<br \/>\nThe tipping point has come.<br \/>\n<a href=\"http:\/\/www.l-a-k-e.org\/blog\/2013\/03\/already-solar-grid-parity-without-subsidies-in-india-and-italy.html\"><br \/>\nSolar parity<\/a><br \/>\nwith fossil fuels has been reached (and <a href=\"http:\/\/www.l-a-k-e.org\/blog\/2010\/07\/solar-crosses-nuclear.html\">long since reached with nuclear<\/a>).<br \/>\nThe<br \/>\n<a href=\"http:\/\/www.l-a-k-e.org\/blog\/2013\/06\/the-cloudy-day-doesnt-last-for-an-entire-month-john-s-quarterman.html\"><br \/>\nlong hot smoggy night of burning fossil plants is ending<\/a><br \/>\nand<br \/>\n<a href=\"http:\/\/www.l-a-k-e.org\/blog\/2013\/08\/solar-power-will-win-like-the-internet-did.html\"><br \/>\nsolar power will win like the Internet did<\/a>.<br \/>\nSoon we&#8217;ll see<br \/>\n<a href=\"http:\/\/www.l-a-k-e.org\/blog\/2013\/07\/sos-plan-to-make-the-southeast-a-net-exporter-of-the-energy-from-solar-and-wind-john-s-quarterman-so-2013-05-22.html\"><br \/>\neven Southern Company get out in front on making Georgia and the southeast<br \/>\na net exporter of solar and wind energy<\/a>.<\/p>\n<p>\n<a href=\"http:\/\/www.l-a-k-e.org\/blog\/2013\/09\/divest-vsu-of-fossil-fuels-petition.html\"><br \/>\n<img decoding=\"async\" style=\"float:right;border:none;width:240px\" src=\"https:\/\/scontent-a.xx.fbcdn.net\/hphotos-ash2\/546219_279652628819017_117616647_n.png\"><\/a><br \/>\nDoes Harvard want its endowment portfolio to be left behind?<br \/>\n<a href=\"http:\/\/www.l-a-k-e.org\/blog\/2013\/09\/divest-vsu-of-fossil-fuels-petition.html\"><br \/>\nDoes VSU<\/a>?\n<\/p>\n<p>\n -jsq<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Should Harvard President Drew Faust worry that &#8220;Significantly constraining investment options risks significantly constraining investment returns&#8221;? Actually, if Harvard has been wasting investments in oil and gas for the past year, its endowment has lost a bundle. Ditto VSU. Let&#8217;s compare stock performance of Guggenheim Solar ETF (NYSE:TAN) which invests in solar stocks with the [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[216,15,41,6124,559,22,23,73,24,134,36],"tags":[8753,7041,1306,1003,1308,8705,8701,1300,8718,399,8702,12,7,562,8782,8712,6584,218,8713,8731,8714,7042,7040,6,8743,8716],"class_list":["post-5982","post","type-post","status-publish","format-standard","hentry","category-coal","category-education","category-health-care","category-natural-gas-2","category-oil","category-politics","category-renewable-energy","category-safety","category-solar","category-vsu","category-wind","tag-coal","tag-dbe","tag-derek-bok","tag-divestment","tag-drew-faust","tag-education","tag-georgia","tag-harvard","tag-health-care","tag-investment","tag-lake","tag-lowndes-area-knowledge-exchange","tag-lowndes-county","tag-natural-gas","tag-oil","tag-politics","tag-portfolio","tag-profit","tag-renewable-energy","tag-safety","tag-solar","tag-stocks","tag-tan","tag-valdosta","tag-vsu","tag-wind"],"_links":{"self":[{"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/posts\/5982","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/comments?post=5982"}],"version-history":[{"count":6,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/posts\/5982\/revisions"}],"predecessor-version":[{"id":6395,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/posts\/5982\/revisions\/6395"}],"wp:attachment":[{"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/media?parent=5982"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/categories?post=5982"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/tags?post=5982"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}