OTCQX:SREMF - Post by User
Comment by
blackwood2002on Jun 11, 2014 11:34pm
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Post# 22651920
RE:RE:Fossil fools
RE:RE:Fossil fools Mr Warren Buffet stated yesterday that he's doubling down on solar and green energy tech. 15b already and he's investing another 15b . Focus is on solar and energy storage systems just like what Elon and his giga factory and solar city combo are trying to create. If mr buffet sees the opportunity I suspect companies like RBI will eventually be the benefactors of the green revolution. Mr buffet has had plenty of success entering into investments when others are not interested in them. He bought a railroad after the "great recession " , bank of America at 3.50, etc.. Despite the recent renewed interest in solar it's still not entirely loved and waaaay below its previous highs when the industry took off years back. Now the dust has settled and the fly by night companies etc are gone its back to healthy fundamentals and a fast growing market globally. Fossil fuels are not going anywhere but their global share of energy production is declining and it will accelerate as new tech etc make their mark. Global emission reduction strategies by governments will only increase just like Obama stated last week when the EPA announced their emission target increases. The writing is on the wall. Hopefully RBI will be a survivor and prosper in this new energy world. I believe they will. Glta.