Possible resurgence in previously squeezed industries??, page-3

  1. 780 Posts.
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    I'm listening... I can see renewables are not sustainable without oil/coal. I can see the intial cost to get renewables up an running is ludicrous as well as the ongoing costs. I also note that solar panels efficiency wears out real quick, turbines need lubrucation (oil) and lots of copper. Their 30m blades are fibreglass and thrown into the ground as waste when broken, not reused. Electric cars don't use "green" electricity, ever. Electric cars use a sh%t load of fossils fuels in their production - tyres, hoses, oils, metals and ALL the electrics.The list of the stupidity goes on. As for stocks - I only have BHP and WPL - WPL is a little ripper now. I think BHP might have made a small mistake again. I will avoid lithium for now and most other miners. Hydrogen is a little risky. I have played with Hydrogen/water model cars and they are not that great with efficiency or power, plus the untold safety issues with storing and burning H2.. I also thought many years ago that a Bio-oil stock called Algaetech (AEB) would be great, but they died.....I think CSR is great quiet little ripper to own as well, but I would like it drop under $5 before I buy more as it - like nearly everything on ASX, is overpriced in 2022.
    Neo
 
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