Google, Smart Electric Meters and Enron

Google aready knows more about you personally than you can possibly imagine. Their official mantra ("corporate mission") is: "Google's mission is to organize the world's information and make it universally accessible and useful." When they reference the "world's information ... they mean ALL. "universally accessible" is also literal ... See: http://www.google.com/corporate/facts.html

Understanding that they already know who you are via public and commercial records, broadcast images of your house, parse your gmail with computers and know what you're doing on the web ... Now ... According to National Geographic, Google is not only going to read your electric meter, they are also going into the energy business. Please read the Nat Geo article:

"Google Can Now Buy and Sell Energy" Source: http://blogs.nationalgeographic.com/blogs/thegreenguide/2010/02/google-can-now-buy-and-sell-en.html

"According to reporting by PC World, Google's move into the energy market is a strategy to help provide power to the electricity-hungry buildings that house its search engine, advertising network, email software, and all the other things Google does that require large groups of computers. Google has also made a pledge to be carbon neutral, so being able to buy and sell energy will help it incorporate greener energy into its operations, the article said. "

Nobody seems to understand what Google is doing. As I described in a previous blog entry ... Google is influencing the news with a political slant and has multiple executives placed in the Obama administration. http://multimeat.blogspot.com/2010/03/us-is-heating-up.html They are taking on Microsoft in the software business, are now a major player in the mobile smart phone business and more. Google's market cap is nearly $200B ... not bad for a company that went public in 2004. Google is far beyond the intellect of the average politician, in a business with little existing regulation and moving so quickly that any future regulations will always be behind the curve.

Nobel Prize winner Al Gore (who invented the internet) will certainly be proud of Google going green, but we have not forgotten Enron ... a predecessor with political clout who invented the business of buying and selling energy. If they can read the world's smart electric meters, they will "probably" do a better job the Enron could have imagined.

Here are some facts to consider: The wires in your home and business are also antennas; They are hard-wired into your phones and computers; The electrical grid system is fully capable of being an internet data transmission system. If a smart electric meter can report your energy consumption, it can also transmit your data. Don't worry though ... Google, per their corporate mission, is going to "organize" it for you.

Buy Recommendation: Google Inc. (NasdaqGS: GOOG)