Solar Energy Shares Jump On Upgrades,EPA Greenhouse Gas Ruling

Makes you kind of wonder when big business jumps on the CO2-is-poison bandwagon... until you realize that they see it as the anti-CO2-is-big-bucks bandwagon.

This is a money grab by the government in the form of higher and higher taxes and a money grab by big business in the form of sweetheart subsidies from the government. The only group not on the money bandwagon is the taxpayer group... they just shell out the money in the form of more taxes and higher energy costs.

And the taxpayers get in return... nada, zilch, zip, zero.

The Wall Street Journal reports:

NEW YORK (Dow Jones)--Shares of solar energy stocks climbed Monday as the U.S. Environmental Protection Agency declared greenhouse gases a danger to public health and as an analyst turned bullish on several solar names, saying he expects strong demand to continue into the first half of 2010.

The so-called "endangerment finding" announced by EPA Administrator Lisa Jackson is necessary for the administration to move ahead with new light-duty vehicle emission standards and is the precursor to wide-ranging regulations on greenhouse gas emissions. The EPA said Monday that large emitters of greenhouse gases would come under new regulations next spring