Tesla Electric Car and BIOFUEL Index

Two things I have been obessing about: alternative transportation and the fuel that powers it. The first thing is Lithium Ion Batteries. The Tesla car is what Jesse James can repect: 0 to 60 in 4 seconds and a 250 mile range. Bad side is the three hour recharge. This is really a Wired magazine scoop


http://www.teslamotors.com/index.php?js_enabled=1
http://blog.wired.com/teslacar/
http://www.ubs.com/4/investch/flash/biofuel_index/index.html
First biofuel index launched

From Press Release Newswire:
"Swiss-based investment bank UBS has teamed up with Diapason Commodities Management to launch the first biofuel index giving investors access to various commodity futures.
The global index, which will be published in US dollars, euros, Swiss francs and Japanese yen, will cover a range of commodities which are used in the production of biofuels ethanol and biodiesel. The bank believes that increasing energy concerns such as global warming and supply security will drive businesses and societies toward alternative fuels.

Bioethanol is an alcohol-based fuel made from the fermentation of crops such as sugar beet or wheat. It can be mixed in petrol to reduce emissions. Biodiesel is produced from vegetable oil and can be used in diesel engines. Production of these two major forms of alternative fuel is increasing rapidly as more countries attempt to cut carbon emissions and find alternative forms of energy.

BP Volcom Whole Foods drop like bombs

BP had their pipes corrode. Although they are more environmentally conscious than other petroleum groups, they have a darker side. They have also been linked to price fixing.

Volcom ( VLCM ) dipped $10 or 30% down to their IPO price recently. News reports blame Wachovia Downgrades and a PACSUN dismal outlook. On my September '05 blog I wrote Wachovia, the underwriter, would pull the rug out as they sold off their interest (opinion). I though it would happen sooner. Volcom is still really cool gear.


Whole Foods
(WFMI) also took a smashing lately as the very high valuation (P/E > 60) is lowered to a still very high valuation (P/E=40). EPS is $1.20 and growth is estimated at 29% per quarter which suggests a reasonable P/E soon.

An oil services company that makes money from fixing pipelines and shutting down old ones is Tetra Technologies (TTI)


The Tungragua Volcano Erupted in Ecuador recently. I was there a while ago, and hope the country returns to normal.


Biodiesel Is Bad Too Blog
says:
1. Biodiesel from algae may be feasible... but not from Soy or Rapeseed which require water/space/and fossil fuel. We can't supply our national fuel need without making food costs higher .
2. Biodiesel causes tropical nations to destroy forest to plant palm oil plantations reducing biodiversity and Orangatang Homes

So Now I am looking to Nuclear and Batteries which also have extreme problems.

What should be the transportation fuel of the future?