National Energy Policy in 50 Pieces
When it comes to energy policy, many Americans underestimate the power of state governments and overestimate the influence of the federal government. If anyone thinks Washington can develop a cohesive energy policy, forget it. It's just not in Washington's DNA. The only power the president and Congress have is the ability to offer incentives and issue regulations. That's about it.
For those not sure about the immense powers of state governments, look at what just happened to Duke Energy (DUK). North Carolina reached into a private enterprise and demanded the chairman, president, CEO and two executive officers be relieved of their duties. The state demanded that the company change its board of directors and its corporate governance....625 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.
