California Toughens Energy Standards

"CA to acquire a third of their power from alternative energy sources."

The state, with some of the nation's most ambitious clean energy standards, went even further Thursday: Regulators approved new regulations requiring utilities to draw a third of their power from alternative energy sources such as wind, solar and geothermal in 10 years.

California already is pushing utilities to reach a 20%-renewable standard by next year, which has been a struggle to accomplish. Toughening the rules could prompt regulators across the country to do the same, but some consumers fret that they will end up paying for the changes in the form of higher utility bills.

At a time when nearly one-eighth of the state's work force is jobless, some want California to dial back, not bolster, its leading-edge air pollution rules. A November ballot measure bankrolled by Texas oil companies would delay the state's landmark 2006 global warming law until the unemployment rate falls dramatically.

Advocates of the proposed utility standards plan say it will usher in "green" jobs and save rate-payers money in the long run by decreasing dependence on fossil fuels.

Some clean-air advocates gave tepid support for the regulation but said it is filled with loopholes that would allow utilities to circumvent clean-energy upgrades.

Renewable energy projects are under way across the West, though many are years from being able to deliver power to energy-hungry cities. On Thursday, the California Energy Commission approved plans to build a massive solar energy plant in the Mojave Desert that could generate enough power for about 140,000 California homes.

Announcing Streetwise Live! Events
Source: Streetwise Reports (07/13/2020)

Streetwise Reports is offering 100 investors—at no charge—the opportunity to meet via Zoom with executives of precious metals companies as they discuss recent developments at their companies and upcoming catalysts.

"China's export quota could be opportunity for Canadian miners"

Latin America: Six Gold Juniors Amass 100M+ Ounces
Source: Marc Davis, BNW News (05/25/2010)

Latin America, the world's last great mineral frontier for prolific gold discoveries, is proving a godsend for some lucky investors.

Mexico: Gold's Next Powerhouse Player
Source: Marc Davis, BNW News (11/03/2009)

As the world's key gold producing nations struggle mostly in vain to replenish dwindling below-ground supplies, Mexico is bucking the trend in a big way.

Where Have All the Gold Mines Gone?
Source: Brent Cook, Exploration Insights (04/14/2009)

Given the declining global gold production, mining companies’ demand for reserve replacement and the acute dearth of new gold discoveries, there is no doubt that real economic discoveries will be exceptionally valuable. . .the opportunity for stellar profits is the best it has probably ever been. Identifying the few successes, however, will require vigilant and constant technical assessment of geology and drill results, always with an eye to mine economics.

Congo Completes Mining Review, Says Majors Quit Talks
Source: Reuters (12/20/2008)

"Review process is extended an additional 45 days to allow six companies to return to the negotiating table for direct talks with government ministers."

I haven’t spoken to my old mining stock friend, noted and universally respected gold stock guru, Bob Bishop, about Rare Element in a year, but I hear he is still a supporter and very large shareholder. I don’t believe he will hold it against me to remind you that this was one of his favorite holdings when he left the newsletter writing business. . .

It's Only the Beginning for Uranium
Source: www.financialinsights.com (06/03/2005)

Dr. Richard S. Appel, author of Financial Insights, first became bullish on uranium in mid-2003, when it appeared obvious that its supply versus demand equation was fated to seriously drive higher its price. Since then, a series of events in the uranium industry has led Appel to believe that uranium prices will reach never before seen levels.

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