Green Investments Report by Conserv-A-Store week ending 3/23/12

 Here’s your Green Investments Report by Conserv-A-Store for the week ending 3/23/12

 A little trade war is brewing over solar panel manufacturing in the world. President Obama seems interested in rebuilding USA manufacturing in total and alt energy manufacturing specifically. In that we live in the USA we feel this is a good thing but do we really need a trade war?

Here are selections from a Reuters article on the developments,

“A coalition of seven U.S. manufacturers has asked for duties topping 100 percent on Chinese-made solar cells and panels, which they say are subsidized by the Chinese government and “dumped” in the United States at unfairly low prices…….

U.S. producers say the Chinese companies receive a long list of subsidies, including below-market loans from China’s state-owned banks and subsidized raw materials, such as polysilicon, that greatly reduce their operating costs and helped Chinese firms grow their share of the U.S. market to nearly 40 percent from 11 percent in 2009……

“The resulting uptick in pricing might be temporary good news for module vendors who have struggled to compete with Chinese firms, but we think the most substantive result is more likely to be lower U.S. demand,” Bank of America Merrill Lynch analyst Joe Osha said in recent note to investors. And China’s solar makers appear to be already moving to shift their production outside the mainland, ordering key supplies from Taiwanese companies to avoid likely U.S. tariffs.”

Here’s the entire Reuters article

Here’s your portfolio for last week

Thanks
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