July 27, 2011 19:12
We hope you don't come to this blog for stock tips but it doesn't take John Bogle to know that the debt ceiling impasse and the budget furor do not bode well for renewable energy stocks. Citing the debt crises and oversupply, here is how one report put it: "One of the biggest losers on the day was the PowerShares WilderHill Clean Energy Portfolio (PBW) which slumped by 1.4% to open up the week."
So where else is the national obsession on the nation's debt going to take a bite out of responses to climate change. We tracked down a few subjects.
Carbon Dioxide Regulation...