As you may know Commander Planet is our affectionate name for Pete Najarian, a trader superhero with a heart of gold and an eye for green – trades that is.
And right now his sights are set on coal. What’s that you say? Coal is the scourge of the skies! No more. It’s now a green trade thanks to clean coal technology.
That’s right clean coal. What's clean coal?
According to the Department of Energy, “Clean coal initiatives encompass a broad spectrum of research and large-scale projects that target today's most pressing environmental challenges. But they all share one common objective; to sharply reduce air emissions and other pollutants from coal-burning power plants.
The technology has been in development for quite some time, but it's getting more attention from the Obama White House. In fact, the current administraiton is putting lots of money to work right now to advance clean coal.
Considering the intense interest in breaking our nation's dependence on foreign oil, clean coal could be a game changer.
What's the trade?
I like Eastman Chemical, says the Commander. They have 25 years of experience in the process. I also like Peabody and Fuel Tech as potential leaders in this growing field.
THE OBAMA TRADE: BROADCOM AND CREE
Marking Earth Day with a pitch for his energy plan, President Barack Obama on Wednesday called for a "new era of energy exploration in America" and argued that his proposal would help the economy and the environment at once.
"The choice we face is not between saving our environment and saving our economy — it's a choice between prosperity and decline," Obama said in his first post-election trip to Iowa, the state that launched him toward the White House. "The nation that leads the world in creating new sources of clean energy will be the nation that leads the 21st century global economy."
Guy Adami sees two plays. He likes Cree as a takeover target and Broadcom which Obama spoke about in an op-ed piece. Both are in play, he says.