LATEST ARTICLES

total return thru november 30

Ten Clean Energy Stocks For 2019: Still Party Time

by Tom Konrad Ph.D., CFA 2019 has become another blockbuster year for the Ten Clean Energy Stocks model portfolio and, to a lesser extent clean energy stocks and the broad stock market as well.  I'm frankly surprised to see the party continuing.  The continued spiking of the metaphorical punch bowl by the Federal Reserve with interest rate cuts certainly has a lot to do with it. I had expected those cuts to be both fewer and less effective. Which all goes to show that it's always a good idea to hedge one's bets in the stock market.  At least in part...
moneybags

How Free Commissions Change The Game For Small Investors

Why Free Commissions are a Game-Changer For Small Investors by Tom Konrad, Ph.D. CFA Last month, Charles Schwab (SCHW), E-Trade (ETFC), and Ameritrade (AMTD) all dropped their commissions for online stock trades to $0. They also dropped commissions on options contract to $0.65 per contract. The change opens up cost-effective individual stock investing to even the smallest investor, and also allows many more investors to use option strategies.  For those wondering if there is a catch, and how these brokers will make money with $0 commissions, see here.  The short version is that they make money on your cash deposits, and from...
Transportation GHG chart

Aviation Biofuel Overview

by Debra Fiakas, CFA The aviation industry contributes about $2.7 trillion to the world’s gross domestic product.  It may seem like a big number, but that is only 3.6% of the world’s wealth.  Aviation may be a minor player in terms of creating wealth, it is a big culprit in climate change.  Flying around the world accounts for as much as 9% of humankind’s climate change impact.  Indeed, compared to other modes of transportation, flight has the greatest climate impact. The negative impact of carbon emitted by aircraft is made even worse by the fact that the emissions point is mostly at cruising altitudes high...
Steve Hartiq

North American Outlook on Biofuels Challenges and Opportunities

Challenges and Opportunities in Biofuels By Steve Hartig, Former VP of Technology Development at ICM The North American biofuels market can be split into three main segments all of which have major dynamics.  What I would like to do is give a high-level overview of what I see as some of both the challenges and opportunities across these. Ethanol which is a produced from corn and sorghum in about 200 plants mainly across the Midwest and blended at about 10% with gas.  Majors such as POET, Green Plains, Flint Hills, Valero, ADM and Cargill do a bit more than half of the 16...
10 for 2019 Oct

Ten Clean Energy Stocks For 2019: Pattern Buyout, Analyst Downgrades

by Tom Konrad Ph.D., CFA Although valuations and political uncertainty have me spooked, October was another strong month for the stock market in general and clean energy income stocks in particular. While my broad income stock benchmark SDY added 1.6% for a year to date total gain of 19.6%.  My clean energy income stock benchmark YLCO did even better, 2.7% for October and 29.7% year to date.  The 10 Clean Energy Stocks model portfolio fell somewhere in between for the month (up 1.8%) but remains unchallenged for the year to date (40.7%).   My real-money managed strategy, GGEIP, lagged as I reduce...
blsp north carolina

Battling Food Waste: Blue Sphere

If ‘food waste’ was a country it would be ranked as the third largest emitter of greenhouse gas emissions in the world behind only China and the United States.  To reach this conclusion the World Resources Institute used food waste data in 2011, and considered agriculture inputs, food processing, land use, deforestation, food waste disposal, and landfill impacts. The carbon footprint of wasted food is a big one with cereals contributing about 35% of the greenhouse gas emissions even though is only about 19% of food waste volume.  Meat on the other hand is a small part of the food waste problem as it...
WM recycling

Plastic Bottle-neck

by Debra Fiakas, CFA In September 2019, the California State Assembly sent out legislation that sets a 10% recycled plastic mandate by 2021 and increases the hurdle rate to 50% by 2030.  The law covers plastic bottles that are already covered under the state’s container redemption program.  Companies will need to use plastic bottles made from recycled plastic such that at least a minimum percentage of the plastic used meets the mandate. Environmentalists and even consumers might be celebrating the new law, but the plastic recycling industry could be less than jubilant.  The recycling news feed is peppered with headlines that reveal some fraying...

EPA Reneges on Trump’s Biofuels Deal

by Jim Lane “EPA Reneges on Trump’s Biofuels Deal”, said the Iowa Renewable Fuels Association in reacting to the US Environmental Protection Agency’s new plans for fulfilling federal renewable fuel requirements. EPA released a proposed supplemental rule for the Renewable Fuel Standard today, and the bioeconomy is up in arms, and the outrage is centered in farm country, once a Trump bastion of support. “IRFA members continue to stand by President Trump’s strong biofuels deal announced on Oct. 4, which was worked out with our elected champions and provided the necessary certainty that 15 billion gallons would mean 15 billion gallons, even after...
Elizabeth Warren

AltEnergyStocks Endorses Elizabeth Warren For President

by Tom Konrad, Ph.D., CFA, Editor Past Endorsements AltEnergyStocks.com has endorsed a candidate in all the US Presidential races since 2008 (Obama, followed by Obama in 2012, Clinton in 2016, and a generic endorsement of congressional Democrats in 2018. Despite the long string of Democratic endorsements, AltEnergyStocks this site does not automatically endorse Democratic or liberal candidates.  We are issue driven, and all our endorsements to date have been purely based on the policy positions of the candidates. It is simply a sad fact about the Republican party that they have not fielded a conservative who actually cares about conservation of the environment...
The cost of Fossil Fuels to pensions

New York State Pension $ 22 Billion Poorer By Not Divesting 10 Years Ago

Research firm Corporate Knights revealed that the pension fund would be $22 billion richer had it divested from fossil fuel stocks in 2008. That's almost $20,000 for of each of the pension fund’s 1.1 million members & retirees. A new in-depth analysis by the research firm Corporate Knights, shows that New York State pension fund would be $22 billion richer had it divested from fossil fuel stocks 10 years ago. That works out to almost $20,000 for of each of the pension fund’s 1.1 million members and retirees. To perform their analysis, Corporate Knights looked at the stock holdings of the pension fund in...
10 for 19 v GGEIP monthly

Ten Clean Energy Stocks For 2019: What Caution Looks Like

by Tom Konrad Ph.D., CFA So far, my worries about stock market valuation and political turmoil have not turned into the stock market downturn I've been warning readers to prepare for. In fact, September has been a particularly sunny month for both clean energy stocks and the stock market in general.My broad income stock benchmark SDY was up 3.9% and the energy income stock benchmark YLCO rose 2.7% for the month, more than reversing August's declines. My 10 Clean Energy Stocks model portfolio accelerated upward by 5.3%, as did my real-money managed strategy, the Green Global Equity Income Portfolio(GGEIP), which...

Green Plains’ Cattle Drive

As quickly as the ethanol producer jumped into the cattle business, Green Plains (GPRE:  Nasdaq) has sold off half of its Green Plains Cattle Company to a group of investment funds for $77 million.  Operating at six locations in Colorado, Kansas, Texas and Missouri, the company has the capacity to feed 355,000 head of cattle each year.  The cattle business contributed $271 million to total revenue in the most recently reported quarter ending June 2019, delivering a modest operating profit near $7.3 million. There has been considerable stress in the feed cattle industry.  The number of cattle in feedlots is down compared to last year, an unusual development...

Stock Picking For Green Investors (Presentation)

Here is a short presentation on stock picking for green investors by AltEnergyStocks Editor Tom Konrad CFA, Ph.D., with a couple stock picks.  I gave this presentation as part of a workshop on divestment from fossil fuels and investment in green stocks at the third annual Climate Solutions Summit.  The Divestment part is here.
Katelyn Kriesel

The Case of Divestment From Fossil Fuels (Powerpoint presentation)

This is a presentation from the Third Annual Climate Solution Summit by Katelyn Kriesel, Board President of the Sustainable Economies Alliance on the case for divesting from Fossil Fuels. _Divestment Presentation - New Paltz Katelyn Kriesel is an expert in the field of sustainable finance. She is a Financial Advisor with Hansen’s Advisory Services, located in Fayetteville, NY, a firm that has specialized in Socially Responsible Investing for over 30 years. She is also Board President and founder of the Sustainable Economies Alliance (SEA), a not-for-profit organization that is raising community awareness regarding economic sustainability and empowerment. She uses this expertise...

Betting On Renewable Diesel: Valero or Darling?

Valero Energy (VLO:  NYSE) recently disclosed ongoing discussions to expand its renewable diesel production to a second plant that would be built and managed by its Diamond Green Diesel joint venture with Darling Ingredients (DAR:  NYSE).  The proposed plant that would be located in Port Arthur, Texas and turn out 400 million gallons of renewable diesel and 40 million gallons of naptha per year.  As a food by-products processor Darling has easy access to low-cost used cooking oils and animals fats that serves as the feed stock for Diamond Green’s renewable diesel production.  Valero management has cited increasing global demand for low- to no-carbon...
Greystone Logistics Pallet

Greystone Logistics: Recycled Plastic Pallets

by Debra Fiakas, CFA Last month Greystone Logistics (GLGI:  OTC/PK) announced a new purchase order valued at $6.8 million to supply recycled plastic pallets to a national food and agribusiness company.  The order requires the fledgling Greystone to manufacture and deliver an unspecified number of the company’s proprietary plastic shipping pallets.  Whatever the number, the contract promises a big shift in Greystone’s prospects given that the contract value represents 9% of total sales in the fiscal year. It seems Greystone is gaining visibility in the logistics supply chain.  However, trading at less than a buck a share its stock seems to not have yet registered on the...