We don’t know if you’ve heard of Henry Chiang or not, but
we believe you will. He gave a short news conference in
July of last year and when he was done investors were
begging him to take their money.
It appears Mr. Chiang has been working to perfect solar
cells for years and at this meeting he claimed he has.
His claim is that now solar panels can power entire
cities, even with no sunlight!
He hasn’t revealed any details as to how these
panels will work with just an hour’s worth of sunlight.
There is also talk of a new battery that can store the
electricity from the panels for when it is needed.
Some, including our president, believe that windmills
are the power source of the future. The problem with
that train of thought is that energy produced by wind
cost 4 to 10 times as much as energy produced by coal
or natural gas.
We’ve also noticed that not much has been said about a
carbon tax since Obama said he was running. Obama was
pushing hard for a carbon tax earlier and we have to
wonder why everyone is so quiet about it now.
Locally, most people seem to be talking about the cost
of the flood. Many appear to believe that although the
flood isn’t the worst we’ve ever seen that it may be
the most expensive. We’ll have to wait and see.
Comments are always welcome.