President-elect Obama’s choice of Richardson as Secretary of Commerce appears a solid pick by our judgement. Although typically seen as a lightweight cabinet position, the office really is what the president makes of it. Considering Obama’s own ambitious plans as well as the pressure on him to fix the economy, we think it’s safe to say Richardson will be instrumental in Obama’s administration. Current Secretary of Commerce, Mr. Gutierrez, had this to say: “I’m proud of the Commerce Department’s role in opening foreign markets, protecting our oceans and natural resources, strengthening American competitiveness and promoting freedom and democracy abroad. Gov. Richardson will take the reigns of a strong agency with dedicated civil servants who will continue these efforts on behalf of the American people.”

November 19, 2008 - Solar stocks to a hit on Tuesday on comments from J.P. Morgan’s Christopher Blansett about the potential for reduced subsidies for solar in Europe. Blansett said that 2008 may he thinks 2008 was a peak for solar energy subsidization and recommended First Solar (Nasdaq:FSLR) as a “safe haven.” We disagree with Blansett’s assessment and timing. We think his assessment is doesn’t account for the legislative realities in place in the U.S., Japan and Europe. And we think his timing to call for instability in solar stocks is extremely late. Here is our take: Blansett clearly isn’t impressed by Governor Schwarzenegger’s mandate for 33% renewable energy contribution in California, the potential impact and long-term stability in the U.S. market provided by the eight-year solar tax credit extension, and the expectation that Obama’s administration will likely accelerate the passage in Congress of a federal RPS. We think these ...

Carbon Sciences Inc. (CABN.OB), the developer of a breakthrough technology to transform carbon dioxide (CO2) emissions into gasoline and other fuels, recently announced the potential benefits of the Obama administration on the company’s future growth. The President-elect is expected to support legislation for the development of renewable energy sources. In fact, industry insiders forecast that legislation may come early next year to speed a transition to an economy fueled by renewable energy sources.

Obama’s administration is not only looking to overhaul the current U.S. energy policies but plans to strategically invest $150 billion over 10 years in a clean energy economy that will help the private sector create 5 million new green jobs through his “New Energy for America” plan. Additionally, this plan will support the production of synthetic petroleum from sustainable feed stocks in order to break American addiction to oil while at the same time creating millions of green

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