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Message Boards Settings WESTERN WIND ENERGY CORP (Tier2 (WND.V) - Quote Info
green chip review email about wnd 2      8-Jul-09 10:52 pm    
Of course, even beyond rising oil prices, there's actually something much bigger at play here. . .

Something that'll keep this one specific wind energy company generating revenue for decades - regardless of oil prices.

You see, California has a law on the books that's about to kick in just 6 months from now. And it's a law that basically helps guarantee. . .

20 Years Of Non-Stop Revenue For
This One Single Wind Play

Starting January 1, 2010 - 20% of all power generated by California utilities must be generated from renewable sources.

This is not a suggestion or a lofty goal, either. This is a law.

And the penalty for non-compliance is 5 cents per kWh - up to $25 million per year!

But as it stands now, nearly every single utility in the Golden State is going to fall short of the mandate. Which is why nearly every single utility is now chasing down any possible renewable energy generation it can get its hands on.

And they're paying top dollar too!

Why else do you think states like Arizona, Nevada and Oregon are sending their renewable power to California, instead of keeping it for themselves?

Of course, our little wind energy play is situated smack dab in Southern California. And it now has a 20-year power purchase agreement in place - worth more than a half billion dollars!

In just a moment, I'll tell you more about how you can get a piece of that action.

But first, let's get to reason #3 that this is...

The Most Profitable Pure Wind
Development Play In North America. . .GUARANTEED!

One of the most powerful weapons in the "green" arsenal is the Renewable Portfolio Standard (RPS). Essentially, an RPS is a standard that requires the electric utilities to generate a certain amount of electricity from renewable sources.

As you just read, California already has its own RPS of 20% by 2010.

But in Washington, the President and a whole congressional choir of renewable energy-loving Democrats AND Republicans are backing a national RPS.

This one would require utilities in all 50 states to generate at least 15% of their electricity from either renewable sources or energy efficiency and conservation measures.

And word on the Hill is that this national RPS will pass this year.

After all, 31 states in the nation already have mandatory renewable standards in place. And there are another 5 that currently have state renewable goals leading to potential mandates within the next 2 years.

So even without a national RPS - 72% of the nation is already on track to deliver mandated renewable energy generation.

A federal RPS is really just the icing on the cake.
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