March 17, 2024 | Daily JAM, Long Term, Millennial |
This week Lithium Americas’ efforts to develop a huge new lithium mine at Thacker Pass in Nevada got a big a boost when the Department of Energy announced a $2.26 billion loan to the company to build processing facilities at the project. This gives the company the financing it needs to take the mine to first phase production scheduled for 2027. Plans call for producing 40,000 tons of battery grade lithium carbonate per year when the first phase of production begins.
March 3, 2023 | CCJ, Daily JAM, Jubak Picks |
When I added Cameco (CCJ), the big Canadian uranium producer, to my Jubak Picks Portfolio on February 22, 2023, I argued that plans by China and India to burn more coal, despite a potentially catastrophic increase in global temperatures, meant that the world would have to put plans to phase out nuclear power on hold. And that a world desperate to avoid the worst climate outcomes would lead to a revived nuclear power industry–and higher uranium sales for Cameco. Now California has provided a roadmap for exactly how and why this will happen.
December 30, 2021 | Daily JAM, Long Term, Stock Alerts, Top 50 Stocks |
We’ve got just two more trading sessions left in 2021. And then it’s on to 2022. Which means you should have wrapped up–or making any last minute sells–to harvest tax losses from 2021 in the next day or so. Of course, being the tax-savvy investor that you are, you have postponed taking profits on big winners in 2021 until 2022. (I’ll have an update on January profit-taking in the week after New Years.)
December 2, 2021 | Daily JAM, JO, Stock Alerts, Volatility |
But 2021 has been very, very good to the iPath B Bloomberg Coffee Total Return ETN (JO). A series of disruptions–weather in Brazil and Colombia, a shortage of shipping containers that curbed exports from Vietnam, a civil war in Ethiopia–sent coffee prices to a 10-year high on November 30. Despite the global Pandemic depressing demand from consumers who didn’t venture out of coffee shops during the worst of the virus outbreak. Now after a 73% gain for 2021 to date the question for investors after the is how much higher can coffee prices and this coffee ETF go?
The trend for the next year or two looks positive.
November 7, 2021 | Daily JAM, GNRC, Jubak Picks |
I wouldn’t call the Glasgow Global Climate Summit, which wraps up on November 12, a failure. The pledge to reduce methane emissions is an important step forward: Methane is an extremely powerful global warming gas. And the promise of a big step up in global reforestation is also a solid contribution to the fight to keep the earth habitable for human beings. But I think it is safe to say that the progress out of the conference isn’t enough. Which is why I’m adding shares of General Holdings (GNRC) to my Jubak Picks Portfolio on Monday, November 8.
November 5, 2021 | Daily JAM, GNRC, Videos |
I’m starting up my videos on JubakAM.com again–this time using YouTube as a platform. My sixty-fifth YouTube video “Quick Pick Generac’ went up today.
August 10, 2021 | ALB, AMSC, CAT, Daily JAM, DE, Mid Term, MLM, Morning Briefing, VMC |
The $1.2 trillion infrastructure bill that the Senate passed today–roughly half of that represents new spending–still faces a tough go in the House of Representatives where progressive Democrats have criticized the measure as light on dollars to fight global climate change. That spending has been pushed into a second infrastructure bill, which would also include money for expanding Medicare and improving access to childcare among other “social” infrastructure spending, which the Senate actually took up today. Most political pundits think that efforts to pass a “social” infrastructure bill using reconciliation will be enough to secure all the votes needed to pass the traditional infrastructure bill in the House. The bill passed today would include more than $110 billion to replace and repair roads, bridges and highways, and $66 billion to boost passenger and freight rail. The plan includes an additional $55 billion to address problems in the U.S. water supply such as continued use of lead pipes despite conclusive evidence that lead in water pipes leads to cognitive impairment in children. It allocates $65 billion to modernize the country’s power grid and $7.5 billion to build out a national network of electric-vehicle charging stations. The bill earmarks $47 billion to respond to wildfires, droughts, coastal erosion, heat waves and other climate crises.
July 27, 2020 | ALB, Daily JAM |
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July 20, 2020 | Daily JAM, NJDCY, Top 50 Stocks |
I can't imagine the world avoiding a global warming catastrophe without a sizable contribution from reduced carbon emissions as we replace vehicles powered by fossil fuels with electric vehicles. (Yes, this is to some extent a solution that merely pushes the problem...
July 15, 2020 | Daily JAM, XYL |
Xylem is my third pick for my Special Report: 10 Global Warming Stock Picks. Under current trends, demand for water will exceed supply by 40% in 2030, according to the United Nations. A good part of that gap is a result of increasing global population and the...
July 15, 2020 | Daily JAM |
Pentair (PNR) is my second pick for my Special Report: 10 Global Warming Stock Picks. Everybody wants a swimming pool when the temperature tops 100 as if has this week in Dallas, Phoenix, and Las Vegas. But while a warming planet assures rising demand for anything...
June 20, 2019 | Daily JAM, Stock Alerts, VMC |
In the next 20 years spending on seawalls to protect communities could cost as much as the initial investment in the interstate highway system. Total spending to defend against rising ocean levels could run to $416 billion in the next 20 years, according to a report...
