Significantly though companies will also show initiative by de risking them self and moving toward cleaner forms of energy in preperation for the somewhat inevitable "Global ETS of some sort".
Cutting carbon emmissions will force many companies to lead the govt by making preperations rather then getting belted by a legislative stick without any prepearation.
ie for those who cant read betweeen the lines. Gas and the eagleford / domestic clean energy will fill a lot of this demand. Which willl not only lower legislative risks, but improve environmental credntials, possibly lower costs, create domestic employment and contribute towards helpign the USA with its attrocious balance of payments problems.
ADI Price at posting:
26.5¢ Sentiment: LT Buy Disclosure: Not Held