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There are several culprits behind the pollution, such as cars and factories, but the biggest source of the pollution is coal-powered power plants. About 80 percent of China’s electricity is generated by coal-powered plants, which translates into some very dirty air.
And a very big opportunity for someone that can help clean up China’s polluted air.
The Razor Blade Business Model …
You want to make a lot of money? Come up with a product that regularly needs replacement parts. That’s what Gillette has been doing for decades and is making a bundle selling Mach III razor handles at cost and making profits from a steady stream of high-margin razor blade sales.
Hewlett Packard does the same thing with ink toner cartridges.
And the company I’m talking about that’s about to literally and figuratively clean up China sells a desperately needed and highly effective pollution-control system that requires the ongoing purchase of a patented chemical cleaning solvent. Like razor blades, the solvent sales keep coming and coming and coming.
Fuel Tech: A Clean Coal Stock
Coal is cheap, abundant, and produces more than 40 percent of the world’s electricity, including about 75 percent of China’s and more than 50 percent of U.S. fuel. It is a very dirty source of energy though, and governments around the world are focusing on reducing greenhouse gasses.
That’s where Fuel Tech (FTEK) comes in. Fuel Tech provides boiler optimization, air pollution reduction, and cleaning solutions. In simple terms, Fuel Tech helps coal-powered utilities reduce the amount of pollution they throw into the air and operate more efficiently.
Wall Street's largest surviving investment bank reported net income for common shareholders of $2.7 billion, or $4.93 a share, compared with $2.05 billion, or $4.58 a share, in the closest year-earlier quarter.