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Green Energy Thoughts

http://www.visualcapitalist.com/video-preparing-for-the-energy-needs-of-the-future/

 

After watching the video in this article a couple things strike me. 

In Canada we have the upcoming cap and trade swap of funds which I don’t see helping much. Then in  Ontario there was a massive addition to the grid of solar and wind which has been overpriced compared to fossil fuel to encourage development, but too much has been produced vs what is required, so this has beenreally messed up. A good thing has been tarnished. Perhaps I am kind and thinking this is a typical result when governments get involved. 

On the positive we have capacity and excess. 

However the government has missed the “find efficiencies “  part of the plan.

i heard yesterday how Ontario has to pay billions to get rid of the excess energy generated from our green solar and wind productions. 

I am reminded of  Jeremie Riffkins book and presentation a number of years ago about the hydrogen economy. How that would all integrate. That advice in the book has not happened to the best of my knowledge, or I have not seen it.  If it did and it should we would have a pretty amazing system amen stewardship of our green resources. 

Ontario government has just cancelled I believe over 700 new installation contracts as it has too much electricity and no way to store it. https://www.spreaker.com/episode/16149573

Money should have been invested into the storing as part of the Hydrogen Economy. Maybe it is happening someplace.  Let’s hope that vision gets resurrected and we move forward in this world.

That part of the production has to be realistically fixed before moving forward with more large scale green energy production in a perfect world. Saying that it should still be expanded. Would be good to find lower cost options for solar and wind as well. We all should be producing our own if and when possible. 

This is not my only thought on the matter, a simple observation. 

TLR

 

a windy sunny day

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Sleepless Govenor

https://www.wealthprofessional.ca/market-talk/these-are-the-biggest-fears-for-the-canadian-economy-235530.aspx Things that keep the govenor awake at night One thing he said was that young people just starting need jobs and without those jobs they can get stuck right from the Get go. I had an idea, stewardship thought moment. The government should make a job for every young person for their first job, give them the experience of having a job, limit it to at least a year, and have a lot of young people with a good first job, launch them into the world with a good foundation, bring the age down for the permanent positions to make room for our young people and redeploy these people into industry and other services. Stabilize, Train, Encourage, Launch A little utopia idea , I think it could have merit and would increase the value for society as a whole - TLR
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Time is Money

Why do we say time is money?

1 question, 3 ideas to discuss with your client:

“Smaller, sooner” is better than “larger, later” ...


Due to the way returns compound over many years, it’s more effective (and easier) to start investing small amounts earlier in life rather than trying to catch up later with larger amounts.

The right time to invest is… always


You can never guess when markets are going to rise or fall, so trying to “buy low” and “sell high” is foolhardy. A better strategy is to spread your risk over time by investing regularly, regardless of what the market is doing. This is known as systematic investing.

Investing is inventing your future


To get motivated to start investing, you should first identify the financial goals that are important to you: investing then becomes your way of achieving them.

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