CA voting down prop 10 is a coupon for alt energy stocks

[pickens_kool_aid]

Alternative energy stocks are taking a beating today as a perfect storm swirls around alt energy stock prices. First, unemployment numbers have sent all markets lower, despite the excitement of a new president and gains in Asia. Then, California voted down Prop 10, a resolution to provide tax breaks to hybrid buyers.

President-elect Obama is going to implement policy to increase the infrastructure of alt energies. This is going to be a national initiative, perhaps on the scale of our conquest to react the Moon. Maybe I'm being a bit of a Pollyanna, but the promise is there for a lot of money to be made. I have ESLR (Evergreen Solar, up 75% since 10/30) and am looking for a wind energy stock to fall in love with.

Now, I am at a bit of a crossroads: Pickens is holding GE for their wind turbines. I also know they are heavily vetted in the defense industry and I want nothing to do with that. Any advice on a relatively 'clean' wind energy stock?

[Agit8]

Prop 10 was all about subsidizing trucking companies for buying natural gas powered trucks. It was not about hybrids. Oh yeah, T Boone Pickens added a couple of trinkets to Prop 10, like tiny rebates for hybrids, in an effort to woo voters, and hide the real prize: $2.5 billion to trucking companies for natural gas truck purchases. Voters saw through this and said No way to a giveaway that doesn't advance clean vehicles.

The defeat of Prop 10 is a victory for hybrids, and that is one reason every environmental group OPPOSED Prop 10.

[FrugalNYC]

There always seem to be a hidden agenda when it comes to most businesses...