Green Options » Dow Jones http://greenoptions.com/tag/dow-jones Posts tagged 'Dow Jones' Wed, 08 Apr 2009 16:59:22 +0000 http://wordpress.org/?v=2.5.1 en BP Solar Expects to Add 100 MW in U.S. in 2009 http://cleantechnica.com/2009/04/08/bp-solar-expects-to-add-100-mw-in-us-in-2009/ http://cleantechnica.com/2009/04/08/bp-solar-expects-to-add-100-mw-in-us-in-2009/#comments Wed, 08 Apr 2009 16:59:22 +0000 Dave Tyler http://cleantechnica.com/2009/04/08/bp-solar-expects-to-add-100-mw-in-us-in-2009/ A label from BP solar panel, reporting energy efficiency. BP solar is saying it will have strong installations in 2009 despite recent cutbacks.

The head of BP Solar International says his firm will install 100 megawatts of utility-level solar power projects on U.S. soil in 2009.

Reyad Fezzani told Dow Jones in an interview published Monday that his company, a subsidiary of energy giant BP PLC, is seeing high demand, and strong financing interest from investors. BP expects to manufacture 320 MW of solar panels in 2009, roughly double the amount it made in 2008. That will be split about 60/40 between large commericial and utility installations and residential sales, Fezzani said. That equates to about 192 MW of large scale installations, with 100 MW of that in the U.S., he said.

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]]> http://cleantechnica.com/2009/04/08/bp-solar-expects-to-add-100-mw-in-us-in-2009/feed/ Economy In Recession: The Cost Of Allowing Lehman Brothers to Fail http://inspiredeconomist.com/2008/10/15/economy-in-recession-the-cost-of-allowing-lehman-brothers-to-fail/ http://inspiredeconomist.com/2008/10/15/economy-in-recession-the-cost-of-allowing-lehman-brothers-to-fail/#comments Wed, 15 Oct 2008 06:26:01 +0000 Reenita Malhotra http://inspiredeconomist.com/2008/10/15/economy-in-recession-the-cost-of-allowing-lehman-brothers-to-fail/ The failure of Lehman Brothers is seen as the last straw that broke the credit market. The financial markets have been in a state of complete disarray ever since the U.S. Government allowed Lehman Brothers to file for bankruptcy on September 15th 2008 instead of intervening to save it, as it did with Bear Sterns and later with the insurance company, American International Group.

Many have questioned U.S. Treasury Secretary Hank Paulson’s decision to let Lehman Brothers fail. Christine Lagarde, French finance minister, claimed that the decision was “horrendous.” This has been echoed by many other European policy makers and investors who blame the decision on ideology, claiming that Paulson refused to offer aid to avoid accusations of moral hazard.

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]]> http://inspiredeconomist.com/2008/10/15/economy-in-recession-the-cost-of-allowing-lehman-brothers-to-fail/feed/ Is Your Money Safe Where It Is? What About Green Stocks? http://inspiredeconomist.com/2008/09/30/is-your-money-safe-where-it-is-what-about-green-stocks/ http://inspiredeconomist.com/2008/09/30/is-your-money-safe-where-it-is-what-about-green-stocks/#comments Tue, 30 Sep 2008 05:43:45 +0000 Reenita Malhotra http://inspiredeconomist.com/2008/09/30/is-your-money-safe-where-it-is-what-about-green-stocks/ Everyone is petrified of losing money in this crazy whirlwind of stock market yo-yo-ing lately. The fall of Lehman brothers has offset a downward spiral not just for financial stocks, but for stocks in general. The Dow Jones dropped 777 points today, creating a historical record.

The good news is that according to Ron Lieber, NYTimes money guru, some investments might just be safe. “Banks like HSBC Direct and Capital One are offering online savings accounts paying more than 3 percent,” says Lieber. “These accounts have all the normal Federal Deposit Insurance Corporation protections of at least $100,000. Also, the Treasury Department is currently insuring investors who had holdings in money market mutual funds as of Sept. 19, as long as the fund company pays to participate.” (NYTimes.com: Your Money, September 29 2008)

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]]> http://inspiredeconomist.com/2008/09/30/is-your-money-safe-where-it-is-what-about-green-stocks/feed/ Bailout Rejected: Will Free Market Economics Sustain Us After All? http://inspiredeconomist.com/2008/09/29/bailout-rejected-will-free-market-economics-sustain-us-after-all/ http://inspiredeconomist.com/2008/09/29/bailout-rejected-will-free-market-economics-sustain-us-after-all/#comments Mon, 29 Sep 2008 22:30:17 +0000 Reenita Malhotra http://inspiredeconomist.com/2008/09/29/bailout-rejected-will-free-market-economics-sustain-us-after-all/ House of CardsIt’s official, according to the New York Times, the bailout proposition has been rejected by the House of Representatives. The Dow Jones just plunged more than 700 points and America is standing up for itself as the bastion of free market economics!

According to today’s New York Times, “supporters of the bailout proposal had argued that it was necessary to avoid a collapse of the economic system, a calamity that would drag down not just Wall Street investment houses but possibly the savings and portfolios of millions of Americans. Opponents said the bill was cobbled together in too much haste and might amount to throwing good money from taxpayers after bad investments from Wall Street gamblers.”

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